The Executive Meeting considered a proposal to dispose of three acres of land at Bradshaw Hall, Cheadle Hulme, known as Phase 5, following the remarketing of the site in 2011 and then agreed:
· to the disposal of the Bradshaw Hall Phase 5 site to the highest bidder identified in the confidential appendix, subject to the developer agreeing to the provision of affordable housing on the site;
· that in the event that the highest bidder fails to sign a contract or withdraws that approval be given to proceeding to the second highest bidder identified in the confidential appendix.
(Note: the report included information ‘Not for publication’ contained within its appendix that had been circulated to executive councillors only).