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RESOLVED:
 

That Cabinet formally
declares the asset surplus to operational requirements.

 

That Cabinet approves
the sale of Former Chalk Pit Depot, Great Bookham to the party and
on the terms outlined in the part 2 report including the price
variation mechanisms.

 

That Cabinet
delegates authority to the Director of Land and Property, in
consultation with the Executive Director for Environment Property
and Growth, to finalise the transaction and conclude all associated
legal agreements to include matters outlined in the part 2
report.

 
Reasons for
Decisions:
 
·        
Cabinet has previously endorsed rationalisation of
the surplus estate, and the report follows an open marketing
campaign of Former Chalk Pit, Great Bookham.
 
·        
Full status and funding enquiries have been made of
the part outlined in the part 2 report and the transaction is
recommended as supporting best value obligations.
 
·        
To enable
thedisposal, Cabinet is
requested to formally declare the asset surplus to operational
requirements under the
Surrey County Council’s (The Council)
Constitution.
 
(The
decisions on this item can be called-in by the Resources and
Performance Select Committee)