Issue - meetings

Report of the Leader and Cabinet Member for Strategic Growth is attached.

Councillor Eamonn O’Brien, Leader and Cabinet Member for Strategic Growth, presented the confidential report which set out the full financial details.

Decision:

Cabinet:

1.    Noted the results of the updated tender exercise for the sale of New Summerseat House;

2.    Approved the grant of a 999-year lease to the selected purchaser; and

3.    Delegated approval of the documentation required to complete the grant of the lease to the Director of Law and Democratic Services.

Reasons for the decision:

As set out for the Part A report.

Other options considered and rejected:

As set out for the Part A report.

Report of the Leader and Cabinet Member for Strategic Growth is attached.

Councillor Eamonn O’Brien, Leader and Cabinet Member for Strategic Growth, presented the report which presented the results of the updated tender exercise for the sale of New Summerseat House. The sale would bring forward the restoration of this listed building, end problems caused to local residents by the empty building attracting anti-social behaviour, and remove ongoing liabilities to the Council, all while securing a capital investment.

Decision:

Cabinet:

1.    Noted the results of the updated tender exercise for the sale of New Summerseat House;

2.    Approved the grant of a 999-year lease to the selected purchaser; and

3.    Delegated approval of the documentation required to complete the grant of the lease to the Director of Law and Democratic Services.

Reasons for the decision:

To bring forward the sale of New Summerseat House.

Other options considered and rejected:

Option 1 - Do Nothing. In this scenario the property would be left vacant, its condition would further deteriorate and the property would continue to attract anti-social behaviour. The Council would be responsible for ongoing security and maintenance. The property is within the Accelerated Land Disposal Programme and ongoing security and maintenance costs would have to be incurred if the sale did not proceed. This option would not ensure the renovation of the listed building. As such, this option has been discounted.