Decision details

Removal of charge from a property

Decision Maker: Director for Finance, Risk and Performance

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To facilitate the sale of 90 White Post Field by Millstream, we propose removing the charge on the property. This will enable the outstanding liability to the Council to be settled in full.

Decision:

As the Director for Finance, Risk and Performance (Section 151 Officer), and under the authority delegated to me within Section 10.6.13 (a) to (e) of the Council's Constitution — which includes powers to seek recovery of amounts owed, exercise discretion in recovery, alter or waive repayment periods, approve exemptions, agree refunds, reduce or remit payments, and waive fines — I have authorised the removal of the charge on the property. This decision enables Millstream to proceed with implementing the Council’s resolution of 26 February 2025 to dispose of the properties held within the company.

Alternative options considered:

Option 1 - By not removing, we would be unable to dispose of the property.

Publication date: 13/10/2025

Date of decision: 08/10/2025