129 Property Transaction Report: July - December 2019 
PDF 172 KB
To consider and decide on the recommendations as set out in the attached report.
Additional documents:
Decision:
RESOLVED – That the report be noted.
REASON FOR DECISION:
To comply with the Constitution.
Minutes:
John Antoniades, Estates Manager introduced the Report that presented the Asset Management Plan 2020/21 for consideration. Discussion and responses to Members questions included the following matters.
- The Report covered property transactions for the period 1 July to 31 December 2019.
- Property disposals and transfers during the second 6 months of 2019 totalled 2 property assets. Lease and licencing renewals and new leases totalled 8 which equated to a net revenue increase of £74,540,00. 8 rent reviews were completed that secured a net annual rental increase of £4,419.31.
- TWBC had acquired access rights for land at Hornbeam Avenue for £210,000. This would enable TWBC to create a potential development site.
- The team were congratulated on their work with the prompt sale of assets.
RESOLVED – That the report be noted.
REASON FOR DECISION:
To comply with the Constitution.
83 Property Transaction Report: July - December 2019 PDF 172 KB
To consider and provide a recommendation to Cabinet on the proposals set out in the attached Report.
Additional documents:
Minutes:
John Antoniades, Estates Manager introduced the Report that gave details of the property transactions completed under delegated authority for the period 1 July to 31 December 2019. Discussion and responses to Members questions included the following matters.
- The report included a list of the properties sold.
- The report also included details of lease and licence renewals and new leases.
RESOLVED – That the report be noted.