The Head of Property has submitted a report which seeks approval to:

(a)       Approve the proposed sale of Bury Knowle Stables and Barn, Headington, Oxford on the terms as detailed in the Not for Publication confidential Appendix 4 of this report and otherwise on terms and conditions to be approved by the Head of Corporate Assets.

(b)       Give authority to the Head of Corporate Assets to vary the proposed sale or purchasing party as detailed herein provided the transaction continues to represent best consideration.

The Head of Corporate Property submitted a report along with a confidential appendix (previously circulated, now appended).

The Board Member resolved:

(a)       To approve the sale of Bury Knowle Stables and Barn, Headington, Oxford, on the terms as detailed in the “Not for Publication” confidential Appendix 4 to this report and otherwise on terms and conditions to be approved by the Head of Corporate Property;

(b)       To give authority to the Head of Corporate Property to vary the proposed sale or purchasing party as detailed within the report provided the transaction continues to represent best consideration.