Issue - meetings

Cabinet Member: Finance

Forward Plan Ref: 2024/294

Contact: Michael Smedley, Head of Estates Assets and Investments

Michael.smedley@oxfordshire.gov.uk

Report by Director of Property and Assets (CA18)

The information in this case is exempt in that it falls within the following prescribed categories: 

3. Information relating to the financial or business affairs of any particular person (including the authority holding that information) 

and since it is considered that, in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information. 

The annexes containing exempt information under the above paragraph are attached. 

The Cabinet is RECOMMENDED to

a)    Agree to the freehold disposal of New and Old County Hall, on the terms set out in exempt Annex 4.

b)    Delegate authority to the Executive Director of Resources and Section 151 Officer, in consultation with the Cabinet Member for Finance, to negotiate and agree the final heads of terms which will be substantially in accordance with the details set out in exempt Annex 4.

c)    Delegate authority to the Executive Director of Resources and Section 151 Officer, in consultation with the Director of Law and Governance and Monitoring Officer, to conclude negotiations and complete all necessary legal documentation to implement the disposal.

Recommendations approved.

This item is not subject to Scrutiny call-in.