This report sets out the outcome of a marketing exercise to dispose of the freehold of the former Phoenix School at 40 Christchurch Road and seeks authority to dispose of the freehold interest.

The Executive Director of Economic Growth & Neighbourhoods submitted a report on the outcome of a marketing exercise to dispose of the freehold of the former Phoenix School, 40 Christchurch Road on the terms set out in the report.  A site plan was attached to the report at Appendix 1.

Resolved –

(1)          That the recommended action set out in the report be noted;

(2)          That further consideration of the proposal to dispose of the freehold of the former Phoenix School be conducted in ‘Part 2’ of the meeting, which would take place in the absence of the press and publicas it was likely that there would be a disclosure of exempt information.