Issue details

*Disposal of Land at Test Lane

 

 

To consider the report of the Cabinet Member for Resources seeking approval to dispose of the land to a preferred bidder following the marketing of the property.

Decision type: Key

Reason Key: Expenditure > £500,000;

Decision status: Recommendations Approved

Wards affected: Redbridge;

Notice of proposed decision first published: 10/07/2013

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
Confidential Appendix 2 contains information deemed to be exempt from general publication based on Category 3 of paragraph 10.4 of the Council’s Access to Information Procedure Rules. The appendix includes details of a proposed transaction which, if disclosed prior to entering into a Legal contract, could put the Council at a commercial disadvantage. In applying the public interest test it is not considered appropriate to make public the bids received as this could lead to a revision of bids and, in the event of the transaction failing to complete, prejudice re-tendering of the property, therefore reducing the amount receivable by the Council.

Decision due: 20 Aug 2013 by Cabinet

Lead member: Cabinet Member for Resources and Leisure

Lead director: Head of Property and Procurement

Department: Resources and Leisure Portfolio

Contact: Peter Kitching Email: peter.kitching@capita.co.uk Tel: 023 8083 2345.

Consultation process

Email and briefing to relavent Officers and Key Cabinet Members

Consultees

Relavent Officers and Key Cabinet Members

Public Comments may be sent to: Peter Kitching

Decisions

Agenda items

Documents

  • Disposal of Land at Test Lane