Decision details

Marketing Brief for Disposal of North Place and Portland Street

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Adoption of bidder evaluation matrix.

Decision:

Resolved that:

  1. Authority be delegated to the Head of Property and Asset Management in consultation with Cabinet Member for Built Environment to enter into competitive dialogue with bidders to dispose of the Sites, whether in whole or in part, acknowledging that disposal could be by way of a freehold transfer, leasehold disposal or a mixed freehold and leasehold disposal. The final structure of the proposed disposal to be determined by dialogue procedure and the evaluation methodology referred to below;

 

  1. Authority be delegated to the Head of Property and Asset Management in consultation with Cabinet Member for Built Environment to select the developer in accordance with the evaluation methodology, as set out at Appendix 2;

 

  1. Authority be delegated to the Assistant Director Built Environment in consultation with the Cabinet Member for Built Environment to finalise the Evaluation Criteria before sending them out to the final 5 bidders.

Scrutiny Committee: Environment

Other reasons / organisations consulted

Key Officers internally, One Legal, the Cheltenham Development Task Force and our appointed property advisors.  Executive Board.

Contact: Mike Redman, Director of Climate Change and Place Services Email: [email protected] Email: [email protected].

Publication date: 08/02/2011

Date of decision: 08/02/2011

Decided at meeting: 08/02/2011 - Cabinet

Effective from: 18/02/2011

Accompanying Documents: