This report outlines amendments to the asset disposal policy to ensure that where assets are disposed above market value, the 3% community benefit expenditure is limited to local authority direct or procured provision only.
Decision type: Key
Reason Key: Affects 2 or more wards;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 11/08/2022
Anticipated restriction: Public -
Decision due: 8 Nov 2022 by Executive
Lead member: Executive Member for Finance and Governance
Lead director: Director of Finance
Contact: Louise Grabham, Head of Strategic Commissioning + Procurement Email: louise_grabham@middlesbrough.gov.uk.
Does this Plan form part of the Council Budget / Policy Framework?: Yes
Would this decision be contrary to the Policy Framework, or not wholly in accordance with the Council's approved Budget?: No
