Issue - meetings
Disposal of site - The Grange (Site C2 and C4, Bermondsey)
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Meeting: 26/06/2013 - Cabinet (Item 20)
20 Disposal of The Grange (Sites C2 and C4) Bermondsey Spa, London SE1
To agree to the disposal of The Grange and to authorise the head of property to agree any variation to the terms and conditions necessary to achieve the disposal.
Supporting documents:
- Report: Disposal of The Grange (Sites C2 and C4) Bermondsey Spa, London SE1, item 20
PDF 96 KB
- Appendix 1: Map, item 20
PDF 485 KB
Minutes:
RESOLVED:
1. That the disposal of The Grange (‘The Property’) to the preferred bidder on the principal terms set out in the closed version of the report be agreed.
2. That the head of property be authorised to agree any variations to these terms that may be necessary to achieve the disposal in the light of further negotiations and securing full planning consent.
3. That in the unlikely event the sale to the preferred bidder does not proceed to exchange, the head of property be authorised to agree the terms of a sale with any one of the under bidders set out in the report or any other third party, provided that the terms conform with the council’s legal obligation to achieve the best consideration reasonably obtainable.