Issue - decisions

Arle Nursery Strategic Review

12/07/2018 - Arle Nursery Strategic Review

RESOLVED THAT

 

1.    Option 2 be approved i.e. dispose of Arle Nursery site, and procure  the plants for our public realm planting externally; and

2.    the Head of Property and Asset Management, in consultation with the Cabinet Member Finance, be authorised to determine the most appropriate means of disposing of the property (in one or more parts) in order to obtain best consideration, and to enter into such negotiations as he considers necessary to achieve that outcome

3.    the Executive Director, Finance and Assets, in consultation with the Cabinet Member Finance, be authorised to accept an offer (or offers, if sold in more than one part) for the purchase of the property (in one or more parts) which in his reasonable opinion (following receipt of supporting professional advice) represents the best consideration that can reasonably be obtained for the site overall;

4.    the Borough Solicitor be authorised to conclude such documents as she considers reasonably necessary or advisable to reflect the terms agreed under paragraph 3 above