Sunderland Council to change rules on land deals

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COUNCIL chiefs are making it easier to buy and sell the authority’s land.

A report put before the city’s decision-making cabinet today recommends delegating powers to deputy chief executive to buy or sell freehold and leasehold interests where the money involved is less than £250,000.

Other conditions would be put in place on land deals.

The report’s authors say this will provide a “more efficient and streamlined approach” to accepting offers for the disposal and acquisition of council land and buildings.

The move would mean senior council officers able to make land deals without continually seeking approval of the cabinet.

The report said not amending the policy would mean it taking longer to gain funds from land sales.

Many councils have been selling assets to help balance budgets in light of funding cuts.