Decision details

This report requests delegated authority Head of Property to approve the disposal of the premises by way of lease at less than market value provided it can be demonstrated that the community benefits accruing from the transfer exceed the Rental value.

The Cabinet Members agree to:-

·  Delegate to the Head of Property authority for the completion of the disposal of the premises into a final lease in line with the Heads of Terms attached.

·  Agree the proposal for Saltford Library as listed below in section 5 of the report, as this will help to resolve the ongoing budget pressures/savings proposals.

This option has been chosen as it enables the Council to implement its policy for Community run libraries and it enables the Modern Libraries Programme to achieve its overall savings target.

It provides the Community with a valuable resource and helps to maintain a valued library service and post office service in the area.

The Council has displayed notices at the property requesting the community to come forward with proposals. This is the only offer that has been received and is in keeping with the model set out for community run libraries.

If this proposal is unsuccessful then Cabinet has committed to reviewing any other options that may be available.