Decision details

Decisions:

1.              That the terms for the disposal of the former Glanafan Comprehensive School in Port Talbot (as detailed within the private circulated report) which are the best that can reasonably be obtained for the charity, be agreed;

2.              That delegated authority be granted to the Head of Property and Regeneration for the disposal of the former Glanafan Comprehensive School in Port Talbot, to Coastal Housing Group, for the sum as detailed within the private circulated report;

3.              That delegated authority be granted to the Head of Property and Regeneration to agree the final amount of the grant to be payable to Coastal Housing Group for the redevelopment of Glanafan Comprehensive School;

4.              That delegated authority be granted to the Head of Property and Regeneration to enter into a grant agreement and any associated documentation with Coastal Housing Group, for the redevelopment of Glanafan Comprehensive School.

Reason for Decisions:

To enable the sale of a surplus property and to attain a capital receipt.

Implementation of Decisions:

The decisions will be implemented after the three day call in period.

Consultation:

The Local Ward Members have been consulted on this item.