Transcript

Good morning, I'd like to welcome members, officers and we have no members of the public in attendance at this cabinet member decision meeting. There are no fire drills expected so in the event of a fire alarm sounding, everyone present is asked to leave by the nearest exit and assemble at the top car park reporting to a member of the building management team. This meeting is being webcast live and it is open to the public, although I have the right to suspend filming if the need arises. Item 1, declarations of interest, I have no declarations of interest to declare. Item 2, procedural matters, 2a member questions, there are no member questions, 2b public questions, there are no public questions. Item 3, disposal of the cottage, Norbury Park, Michelham. The report 6 approval, my approval for the freehold disposal of the cottage at Norbury Park, Michelham, RH5, which is following an open market campaign, the assets offered with full vacant possession with Surrey County Council accepting as requested a surrender of the current head lease held over the asset by its subsidiary, Housey Garton residential. I'd like to confirm that I formally declare the asset surplus to operational requirements and I have done this in consultation with the leader and deputy leader of Surrey County Council. I would like to approve the sale of the cottage in Norbury Park, Michelham to the party at the sale price agreed and subject to the conditions noted in part 2 of this report. The sale is conditional upon the simultaneous surrender of the head lease held over the asset by Housey Garton residential limited which has been agreed by the HGR board. I'd like to note that HGR will not be seeking any value from their interest from the gross receipt as there is no debt aligned to this asset but with both parties bearing their own costs and appointments of their own professional team. I'd like to delegate authority to the section 151 officer consultation with the director of land and property to finalise this transaction and enter into all associated legal contracts. Item 4 exclusion of the public. It's recommended that item section 100A of the local government act 1972 the public be excluded from the meeting during consideration of the following items of business on the grounds that they involve the likely disclosure of exempt information under the relevant paragraphs of part 1 of schedule 12a of the act. [BLANK_AUDIO]