Agenda and minutes

None.

None.

Minutes of the meeting held on 16 December 2024, for confirmation

The minutes of the meeting held on 16 December 2024 were confirmed as a correct record and signed by the Chair.

Report of the Interim Director of Economic Development & Property

Bevis Mackie, Corporate Portfolio and Investment Manager, presented the report regarding the sale of a commercial property asset from the Bridge Estate Charity commercial property portfolio with simultaneous surrender of the long leasehold interests at this property. The disposal if approved, will deliver a capital receipt to the Bridge Estate Charity (realised through disposal of the freehold intertest) and under a new long leasehold interest (leaseback) the opportunity to receive an annual revenue in subletting the retained premises.

Resolved to approve the recommended actions as set out in the exempt appendix to the report.

To consider excluding the public from the meeting during consideration of the remaining item(s) in accordance with Section 100A(4) of the Local Government Act 1972 on the basis that, having regard to all the circumstances, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

The Committee agreed to exclude the public from the meeting during consideration of the remaining items in accordance with Section 100A(4) of the Local Government Act 1972 on the basis that having regard to all the circumstances, the public interest in maintaining the exemption outweighed the public interest in disclosing the information, as defined in Paragraph 3 of Part 1 of Schedule 12A to the Act.

Exempt minutes of the meeting held on 16 December 2024, for confirmation

The exempt minutes of the meeting held on 16 December 2024 were confirmed as a correct record and signed by the Chair.

Bevis Mackie, Corporate Portfolio and Investment Manager, presented the exempt appendix to the report.

Resolved to approve the recommendations set out in the exempt appendix