Issue - meetings

agreed to rescind a previous decision made on 28^th February 2012 and to accept an offer of £575,000 for the sale of Castle Hill House to include an area of car parking to the rear of the property.

(In accordance with Council Procedure Rule 13.1 a Notice of Motion was submitted by seven Executive Councillors to enable the Cabinet to consider the rescission of the decision made at their meeting held on 28^th February 2012 (Minute No. 96 refers) in respect of the potential sale of Castle Hill House and to allow the matter to be reconsidered at this meeting).

(The Chairman announced that he proposed to admit the following urgent item in accordance with Section 100B (4) (b) of the Local Government Act 1972 given the need for the Council to respond to an offer made for the building in advance of the next Cabinet meeting and developments within the property market)

Pursuant to Minute No 11/96 and in receiving a Notice of Motion by seven Members of the Council, the Cabinet reconsidered their previous decision in respect of the sale of Castle Hill House.

Having discussed additional information relating to the offer and given current marking conditions, the Cabinet

RESOLVED

that the resolution in Minute No 96 (a) of the meeting of the Cabinet held on 28^th February 2012 be rescinded and the following substituted therefor - “that an offer of £575,000 be accepted for Castle Hill House to include the hardstanding hatched area shown in Annex A of the report of the Managing Director (Resources)”.