To note attendances, including officers, and any apologies for absence.

Members to give notice of any interest and the nature of that interest relating to any item on the agenda in accordance with the adopted Code of Conduct.

To consider the report of the Executive Member for Economy and Regeneration and the Corporate Director of Place.

1. Note the outcome of the 2023/24 Land Sales Programme. 

2. Approve the Disposal Programme for 2024/25 as set out in the report and note the sites that have been earmarked for disposal / development.

3. Delegate authority to the Corporate Director of Place to:

a.    Negotiate and accept bids in consultation with the Director of Finance and Systems and the Director of Legal and Governance for all sites listed on the Disposal Programme.

b.    Engage external resources where this will assist in implementing the programme, including a professional team where reasonably required to support a development project.

c.     Commission, submit and/or authorise as appropriate:

i)       any applications for planning permission on any properties included in the programme where this will assist in marketing and/or add value, or in any case where the Council is proposing to redevelop the site whether directly or in partnership with another party.

ii)      any surveys/investigations where such surveys will reduce the risks associated with redevelopment, add value to the capital receipt /revenue return and/or assist with the preparation, submission and resolution of any planning permission application, or any other usual pre-development survey or investigation.

iii) any feasibility study or design for the site and or premises in association with either obtaining a planning consent or as part of options appraisal.

iv) any demolitions or physical alterations that will either reduce the risks associated with holding the premises or accelerate the sale/redevelopment and/or add value to the capital receipt/revenue return.

d. Offset eligible disposal costs against capital receipts in accordance with capital regulations.

e. Advertise the intention to dispose of a site in the event that it comprises open space as defined by the Town and Country Planning Act 1990, in accordance with the relevant statutory procedure, and if any objections are received, to refer to the relevant portfolio holder for consideration in consultation with the Executive Member for Environment and Regulatory Services.

f. Acquire adjacent land or property where the acquisition will either add value to the overall development or de-risk the disposal/development of the Council asset.

g. Delegate authority to the Corporate Director of Place, in consultation with the Executive Member for Housing and Regeneration and the Director of Finance and Systems, to add or substitute sites into the programme during the year including sites with a value of over £499,999.

h. Transfer sites from Category 1 to Category 2, and vice versa

i.  Commission security services.

j.  Authorise alternative methods of disposal where appropriate.

k. Authorise community engagement and consultations where the Corporate Director of Place deems it necessary or advantageous.

l.  In relation to any site currently in development or any site which commences development during this programme, agree any licence or approve the grant of any easement or lease or any other disposal, including where that disposal taken in isolation would constitute a disposal at undervalue, which is designed or intended to implement or facilitate the development.

m. Authorise marketing, pricing and disposal strategies and authorise the sale of plots,  ...  view the full decision text for item 3.

To consider the report of the Executive Member for Finance, Change and Governance and the Director of Finance and Systems.

To consider the report of the Executive Member for Finance, Change and Governance and the Director of Finance and Systems.

That Executive approves the: -

1.         Capital Programme as detailed in Section 2 and Appendix 1

2.         Schemes to be undertaken from the “block” budget allocations reported in

            paragraph 14 and detailed in the updated Appendix 2.

That Executive recommends the Council to approve:-

3.         The Capital Strategy including Prudential and Local Indicators in Section 1.

4.         The overall Capital Programme in the sum of £413.15m for the period

            2024/27 comprising £154.56m in respect of the General Capital Programme

           (as detailed in Section 2) and an Asset Investment Strategy gross expenditure

           budget of £258.59m for the period 2024/27 and continues to work within the

           previously approved budget envelope of £500m.

5.         The continuation of the existing Asset Investment Strategy included in

            Appendix 3

6.         The flexible use of capital receipts as detailed in Capital Strategy (Section 2

            paragraph 9)

To consider the report of the Executive Member for Finance, Change and Governance and the Director of Finance and Systems.

To consider the report of the Executive Member for Finance, Change and Governance and the Director of Finance and Systems.

To consider the report of the Executive Member for Finance, Change and Governance and the Director of Finance and Systems.

That the Executive’s response to the Scrutiny Committee be approved.

Any other item or items which by reason of:-

(a)       Regulation 11 of the Local Authorities (Executive Arrangements) (Meetings and Access to Information) (England) Regulations 2012, the Chairman of the meeting, with the agreement of the relevant Overview and Scrutiny Committee Chairman, is of the opinion should be considered at this meeting as a matter of urgency as it relates to a key decision; or

(b)       special circumstances (to be specified) the Chairman of the meeting is of the opinion should be considered at this meeting as a matter of urgency.