Minutes:
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.