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The Cabinet Member for Property, Waste,
and Infrastructure:
1.    
Formally declared the asset surplus to operational requirements (in
consultation with The Leader and Deputy Leader).
2.    
Approved the sale of 30 St Martins Close, East Horsley,
Leatherhead, KT24 6SU to the party, at the price and subject to the
conditions, noted in the part 2 report. The sale was conditional
upon the simultaneous surrender of the headlease held over the
asset by HGR which had been agreed by the HGR Board.
3.    
Approved the HGR premium for the surrender of its interest from the
gross receipt and noted there was debt aligned to the asset, with
both parties bearing their own costs and appointments of their own
professional team.
4.    
Delegated authority to the Executive Director for Environment,
Property, and Growth in consultation with the Director of Land and
Property to finalise the transaction and enter into all associated
legal agreements.