Issue details

3% Community Benefit award following disposal of asset above market value.

Following the Executive approval on 13th April 2021, the Asset Disposal policy was amended to give delegated authority to Director of Finance, Executive Member for Finance and Governance and the relevant ward councillors to allocate 3% of the sale of an asset which has achieved a disposal above market value for community benefit in the ward in which the asset was based.


To award 3% of the sale of an asset (Nunthorpe Farmhouse) for community benefit in the Nunthorpe ward. Funding to be awarded is £20,785.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 26/07/2022

Decision due: 22 Jul 2022 by Director of Finance

Contact: Ian Wright Email: Email: