See notes
I am writing to request information under the Freedom of Information Act 2000 regarding the Council's land and property disposals at undervalues, if any. Please provide the following information:
1. The number of land or property disposals that have taken place since 2003 at an undervalue (less than market rate or best consideration).
2. A list of the disposals including: the sites in question, amount of undervalue, and the name of the party receiving the undervalued site.
3. If specific consent was sought from the Secretary of State regarding the undervalue of any of the sites, documentation of this application. Or, if consent was not applied for, an explanation as to why.
The Council’s processes require Executive approval for disposals at an under value. Executive papers can be accessed through the Council’s website at Browse meetings - Executive - Wokingham Borough Council (moderngov.co.uk). (Section 21)