Decision details

11.1

The Executive Director, Resources and the Executive Director, Place submitted a joint report in relation to the proposed disposal of the former Firth Park Library, Firth Park Road

11.2

RESOLVED: That Cabinet:-

(a)

resolves that all necessary action is taken in accordance with the powers given to the Council as Trustee under the provisions of Section 15(d) Trustee Act 1925;

(b)

as Trustee of the Firth Park at Sheffield, South Yorkshire Charity, to approve the sale of the former Firth Park Library in accordance with terms of the report and a Surveyor’s Report obtained in connection with the sale of the property, in accordance with the requirements of the Charities Act 2011. The receipt obtained from the sale is retained by the respective Trust;

(c)

authorises the Director of Legal and Governance to prepare and complete all necessary documentation to conclude the sale in accordance with the agreed terms; and

(d)

resolves that notice under Section 121 of the Charities Act 2011 be given in the local press to notify people within the beneficial area that the Charity Trustees intend to dispose of the freehold interest in Firth Park Library.

11.3

Reasons for Decision

11.3.1

The sale of the property will result in the disposal of a surplus property asset for a capital receipt, the removal of an on-going maintenance liability and the purchaser intends to continue with its community use for the foreseeable future.

11.4

Alternatives Considered and Rejected

11.4.1

The Council could continue to let the property for community use but this would produce a very low return compared to full market value.

11.5

Any Interest Declared or Dispensation Granted

None

11.6

Reason for Exemption if Public/Press Excluded During Consideration

None

11.7

Respective Director Responsible for Implementation

Simon Green, Executive Director, Place and Laraine Manley, Executive Director, Resources

11.8

Relevant Scrutiny and Policy Development Committee If Decision Called In

Overview and Scrutiny