Issue - decisions

Westbrook Loggia

17/06/2022 - Asset Management - Westbrook Loggia

Cabinet agreed to:

 

1.  Note the independent Feasibility Study in Annex 1, into the options for the Westbrook Loggia;

 

2.  Progress the Westbrook Loggia through the disposal framework identified in Option 2, with specific sale conditions relating to use, development timescales and buy back in the event of failure to deliver;

 

3.  Give delegated authority to the Disposal Surveyor in consultation with the Director of Property to market the property and negotiate relevant sale terms;

 

4.  Give delegated authority to the Director of Property in consultation with the Portfolio Holder to enter into a binding sale contract.