Leader and Cabinet Member for People, Performance and Partnerships

The meeting dealt with the sale of Cefn-Uchaf, a property on the Penstrowed Estate in Newtown. It gave officers authority to set the final reserve price (the lowest price the council will accept at auction) before the agent's auction. The report on the sale stays confidential until the sale is completed.

1. Decided

   The meeting granted the Head of Planning and Regulatory Services authority to approve the final reserve price (the lowest price the council will accept) for the property, in conjunction with the Farms Estate Manager. This could be done no more than three working days before the agent's auction. If the property does not sell and the price must be cut, an updated Portfolio Holder Report (a report from the councillor who holds that portfolio) will be circulated for approval. The report stays confidential until the sale is completed.

   Why

   The minute does not give the reasons for the decision.

   Based on the minutes

Written by AI from the council's minutes and reports. Sentences with a number or name that can't be found in those papers are removed automatically, but mistakes are still possible. Councils publish no word-for-word record of meetings, so this says what was decided and why. Read the official papers to be sure.

1. 1

   Cefn-Uchaf, Penstrowed Estate, Newtown

   Minute

   DECISION: • To grant the Head of Planning and Regulatory Services the authority to approve the final reserve price for Cefn-Uchaf, Penstrowed Estate in conjunction with the Farms Estate Manager not more than 3 workings days prior to the agent’s auction. • If the property does not sell at auction and a price reduction is necessary, an updated Portfolio Holder Report will be circulated for approval. • That the report remains confidential until after a sale has been completed.

   Part of an issue followed across 2 meetings

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