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31 ELIZABETH STREET - ENFORCED SALE
- To
approve use of the enforced sale procedure for 31 Elizabeth Street
Blackpool FY1 3JA;
- To
approve the resolutions attached at Appendix A.
- The Head of Legal Services be delegated authority to
(i) sign and seal the resolutions and
(ii) enter into contracts to complete the disposal of the
property
- The property be sold by way of a direct sale to Blackpool
Housing Company as preferred housing partner in order that the
property be brought back into use as residential rented
accommodation should the enforced sale process be
completed.
- That the Council procure two independent valuations on the
property and the Council’s Senior Estates Surveyor, Ian
Willoughby be authorised to determine which valuation is the
appropriate sale price.
- In
the event, that Blackpool Housing Company does not confirm within
28 days of being notified of the sale price, that they wish to
proceed with the purchase, the Head of Legal Services has delegated
power to sell the property at auction with a suitable reserve
calculated in accordance with decision 5 above.