To consider the report of the Head of Property seeking approval to the disposal of 182 High Street Southampton freehold investment at not less than the minimum price set out in the confidential appendix.
NOTE: Elements of this report may be considered exempt from public distribution.
Decision type: Key
Reason Key: Expenditure > £500,000;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 07/05/2013
Anticipated restriction: Part exempt - View reasons
Explanation of anticipated restriction:
Confidential Appendix 2 to this report 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 a table showing the rental income and values of property which, if disclosed prior to entering into any contracts, could put the Council at a commercial disadvantage. In applying the public interest test it is not considered appropriate to publish this information as it could influence bids for a property which may be to the Council’s financial detriment.
Decision due: 19 Jun 2013 by Officer Decision Making
Lead member: Councillor Simon Letts, Leader of the Council councillor.s.letts@southampton.gov.uk
Lead director: Roger Hawkyard
Department: Corporate Services Directorate
Contact: David Reece Email: david.reece@southampton.gov.uk Tel: 023 8083 2796.
Consultation process
by email
Consultees
Legal , Finance, City Development
Public Comments may be sent to: David Reece