Anticipated reasons for restriction

The Disposal of Investment Property Assets from the Property Trading Account - Key Decision

By virtue of paragraph(s) 2, 3, 5 of Part 1 of Schedule 12A of the Local Government Act 1972.

Explanation of Reasons

It is not in the public interest to disclose this information because it includes valuation figures and the anticipated price achievable for the property which, if disclosed, will prejudice the Councils position in negotiations relating to the proposed sale, and because it contains confidential legal advice in respect of the proposed transaction and disclosure could prejudice the Council’s position.