Issue - meetings
Disposal of 89 Axe Street, Barking
Meeting: 25/06/2013 - Cabinet (Item 18)
18 Disposal of 89 Axe Street, Barking 
PDF 32 KB
Additional documents:
- Disposal of 89 Axe Street Report - App. 1, item 18
PDF 62 KB
- Disposal of 89 Axe Street Report - App. 2 (p&c) , View reasons restricted (18/3)
Minutes:
Further to Minute 131 (16 April 2013), the Leader introduced the report and advised that negotiations had taken place with the preferred bidder in respect of a restrictive covenant against the future development of the site.
Cabinet resolved:
(i) To approve the disposal of the site at 89 Axe Street, Barking, as shown hatched on the plan at Appendix 1 to the report, to Elim Trust Corporation in the sum of £275,000 on the terms set out in the report; and
(ii) To agree that the property be sold with the Council having the benefit of an in perpetuity restrictive covenant against future development.