Issue - meetings
Disposal of Land
Meeting: 15/04/2026 - Cabinet (Item 11.)
11. Disposal of Land 
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The Director of Property & Assets submitted a report to request that Cabinet approve the disposal of land outside the City.
Cabinet is recommended to:
1. Approve the disposal of land at Grenoble Road;
2. Delegate authority to the Director of Property and Assets, in consultation with the Director of Law, Governance and Strategy and the Group Finance Director?and Lead Member for Finance and Asset Management?to?agree the final terms and?enter into the final agreement?and any?other?documents necessary?to?effect?the?transaction provided that the ?disposal will?meet the requirements of s123 of the Local Government Act 1972 (which states that a council shall not dispose of land otherwise than by way of a short tenancy, for a consideration less than the best that can reasonably be obtained).
Additional documents:
- Draft - Exempt Appendix 1 - Not for publication - DC Cabinet Report (1) , View reasons restricted (11./2)
- Exempt Appendix 2 - Not for Publication - Risk Register , View reasons restricted (11./3)
Decision:
Cabinet resolved to:
- Approve the disposal of land at Grenoble Road;
- Delegate authority to the Director of Property and Assets, in consultation with the Director of Law, Governance and Strategy and the Group Finance Director?and Lead Member for Finance and Asset Management?to?agree the final terms and?enter into the final agreement?and any?other?documents necessary?to?effect?the?transaction provided that the ?disposal will?meet the requirements of s123 of the Local Government Act 1972 (which states that a council shall not dispose of land otherwise than by way of a short tenancy, for a consideration less than the best that can reasonably be obtained).