Decision details

Approval to dispose of The Greaves

Decision Maker: Executive Director for Place & Economic Growth

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The offer received for the Greaves complements the Regeneration objectives for the town centre in releasing assets that will generate a capital receipt and grow the business base.

Decision:

RESOLVED - That:
To dispose of the Greaves to aid the town centre regeneration.

Reasons for the decision:

Option 1 - To dispose of the Greaves on terms as outlined in the subject report.
Option 2 - Not to dispose and remarket.
Option 3 - To fund a refurbishment and remarket.

Alternative options considered:

Option 2 - Not to dispose and remarket.
Option 3 - To fund a refurbishment and remarket.

Other reasons / organisations consulted

Colleagues in Legals and Finance have been consulted in the drafting of this report.

Contact: James Tolan, Principal Regeneration Officer 0161 770 4537 Email: james.tolan@oldham.gov.uk Email: james.tolan@oldham.gov.uk.

Publication date: 26/03/2019

Date of decision: 19/03/2019

Accompanying Documents: