Decision details

Disposal of Various Property Assets

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

106/2005 The Cabinet agreed to the principle of the variation/release of the restrictive covenant in respect of the land adjacent to 6-8 Rookery Crescent, Cliffe and delegated authority to the Director of Finance and Corporate Services to negotiate and complete the variation/release for best consideration.
107/2005 The Cabinet agreed to the principle of the variation/release of the restrictive covenant in respect of the land adjacent to 92 Valley View Road, Rochester and delegated authority to the Director of Finance and Corporate Services to negotiate and complete the variation/release for best consideration.
108/2005 The Cabinet agreed to the principle of the variation/release of the restrictive covenant in respect of the land adjacent to 5 Dale Road, Rochester and delegated authority to the Director of Finance and Corporate Services to negotiate and complete the variation/release for best consideration.
109/2005 The Cabinet declared the Marlborough Unit, Maidstone Road, Rainham surplus and delegated authority to the Director of Finance and Corporate Services to dispose of the site for best consideration.
110/2005 The Cabinet declared 43 Napier Road, Gillingham surplus and delegated authority to the Director of Finance and Corporate Services to dispose of the property for best consideration.
111/2005 The Cabinet declared the garages and land north of Kingsnorth Close, Hoo surplus and delegated authority to the Director of Finance and Corporate Services to dispose of the property for best consideration.

Reasons for the decision:

To ensure variation/release of the three restrictive covenants is achieved on the most favourable terms.To contribute towards the Council's capital receipt target of £4m per annum and simultaneously reduce revenue costs associated with maintenance obligations.

Publication date: 17/05/2005

Date of decision: 17/05/2005

Decided at meeting: 17/05/2005 - Cabinet

Effective from: 26/05/2005

Accompanying Documents: