Transcript

Good morning. I'd like to welcome members' officers and members of the public there are none um in attendance at this cabinet member decision meeting item number one declarations of interest. I'd like to confirm that I have no um uh declaration of interest declarations of interest to declare item two procedural matters item two a member questions there are no member questions item two b public questions there are none no public questions item 2c petitions there are no petitions item 3 disposal of nine small holdings clockhouse lane ashford tw15 2hb this was this report seeks approval to the freehold disposal of nine small holdings clockhouse lane ashford tw15 2hb following an open market campaign the asset is offered with full vacant possession the surrey county council accepting as part of the transaction a part surrender of the current head lease held over the asset by helsey garden residential limited recommendation it is recommended that i formally declare the asset surplus to operational requirements which has been done in consultation with the leader and deputy leader approve the sale of nine small holdings clockhouse lane ashford tw15 2hb to the party at the price and subject to the conditions noted in the part two report the sale is conditional upon the simultaneous surrender of the head lease held over the asset by helsey garden residential which has been agreed by the helsey garden residential board approve the hdr premium for the surrender of its interests from the gross receipt and note so as debt aligned to this asset with both parties bearing their own cost and appointments of their own professional team delegate authority to the executive director for environment property and growth in consultation with the director of landed property to finalize the transaction and enter into all associated legal agreements item four exclusion of the public it is recommended that under section 100a of the local government act 1972 the public be excluded from the meeting during consideration the following items of business on the grounds that they involve the likely disclosure of exempt information under the relevant paragraphs of part one scheduled 12a of the of the act