Decision details

Commercial Property investment Portfolio

Decision Maker: Executive Committee: Commercial Property

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To provide a mid-year update on the Commercial Property investment portfolio

Decision:

RESOLVED that

 

       i.         the Executive Committee notes the information on the investment portfolio and agrees that no further action is required at this point.

 

     ii.         the Executive Committee delegates authority to the Assistant Director:

Property to carry out disposals of properties in appendix one in consultation

with the Executive Director of Resources.

 

Reasons for the decision:

Detailed within the confidential report.

Alternative options considered:

Detailed within the confidential report.

Interests and Nature of Interests Declared:

None

Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;

Wards Affected: (All Wards);

Financial Impact: As set out in paper

Declarations: None

Subject to Urgent Proceedings: No

Making Representations: In writing to the Executive Director: Resources

Other reasons / organisations consulted

By report

Consultees

Legal
Finance

Contact: Stuart McKellar, Executive Director: Resources Email: stuart.mckellar@bracknell-forest.gov.uk Tel: 01344 352205, Kamay Toor, Programme Director: Schools' Capital and Property Email: kamay.toor@bracknell-forest.gov.uk Tel: 01344 355183.

Report author: Stuart McKellar

Publication date: 23/01/2024

Date of decision: 23/01/2024

Decided at meeting: 23/01/2024 - Executive Committee: Commercial Property

Effective from: 01/02/2024

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