To seek a decision on whether to disposal of the Newbridge Centre to the Together Trust which is a building they currently partially occupy.
Decision type: Key
Reason Key: Disposal or aquisition of land >£500,000;
Decision status: Recommendations Approved
Wards affected: Brinnington & Central;
Notice of proposed decision first published: 10/06/2019
This decision will be taken under urgency procedures.
Reason for urgency:
Consideration of this matter cannot reasonably be delayed as to do so may jeopardise the disposal of the site and potential improvements to the building due to funding constraints on the purchaser, and this would in turn effect the delivery of services to vulnerable residents.
Anticipated restriction: Fully exempt - View reasons
Explanation of anticipated restriction:
The exempt text contains information about terms proposed or to be proposed by the Council in the course of negotiations for a contract for the disposal of an asset. Disclosure to the public of those terms would be likely to prejudice the Council in these negotiations and be commercially sensitive to both the Council as vendor and the purchaser.
Decision due: 18 Jun 2019 by Cabinet
Lead member: Cabinet Member for Finance & Resources
Lead director: Head of Legal and Democratic Services
Department: Corporate and Support Services
Contact: Ian Keyte, Corporate and Support Services Email: Ian.Keyte@stockport.gov.uk Tel: 0161 217 6907.
Consultation process
None the asset is not occupied by a Council
service
Equality and/or Environmental Impact Assessment: None
Relevant Scrutiny Committee for the purpose of call-in: Exempt from call-in