Cabinet Member for Property, Waste and Infrastructure Decisions - Tuesday, 25 June 2024 11.00 am

June 25, 2024 View on council website Watch video of meeting
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Summary

The Mole Valley Council Cabinet Member for Property, Waste and Infrastructure Decisions meeting on 25 June 2024 focused on the proposed disposal of 19 assets by auction. The assets were declared surplus to operational requirements, and authority was delegated to the Section 151 Officer and other relevant officials to secure the best value from their sale.

Proposed Disposal by Auction and Associated Surplus Asset Declarations

The primary topic of discussion was the proposed disposal by auction and associated surplus asset declarations. The report, presented by Graham Glen, Head of Acquisitions and Disposal, sought approval to declare 19 assets as surplus and to facilitate their disposal by auction. These assets have been reviewed and deemed non-operational or not required for service use.

Graham Glen explained that the assets are relatively low in value and therefore do not require full cabinet approval. The council plans to progress the disposal through their agents, Lambert Smith Hampton, with auctions expected to take place between August and October 2024.

The recommendations included:

  1. Declaring the assets as surplus to operational requirements.
  2. Delegating authority to the Section 151 Officer, in consultation with the Director of Land and Property, to secure the best value from the assets.
  3. Further delegating authority to agree on minimum reserve prices and any specific covenants on the sale of assets, finalise each transaction, and enter into all associated legal contracts, including private treaty if assets can be sold prior to auction.

The Cabinet Member agreed to all the recommendations, allowing the council to move forward with the planned disposals.

For more details, you can refer to the Agenda frontsheet and the Public reports pack.