Decision details

Decision details

Capital Proceeds arising from the sale of the former LuDun Industries site

Decision Maker: EXECUTIVE

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To request the Executive to forego receipt of capital sum due to the Council following the sale of the site and to agree that the capital be used to boost the Trust Fund set up by Trustees of LuDun as a legacy for people with disabilities across Central Bedfordshire.

Decision:

That the Council foregoes its share of the capital realised from the sale of the former LuDun site, in order to invest in a Trust Fund for people with disabilities across Central Bedfordshire.

Publication date: 17/07/2014

Date of decision: 15/07/2014

Decided at meeting: 15/07/2014 - EXECUTIVE

Accompanying Documents: