Purpose

The Council Plan sets out the Council’s ambition to minimise the burden of local taxation, delivering the agreed priorities for residents within the approved budget and capital programme.

The Council maintains an Asset Management Policy and Strategy that details how the Council’s Assets will be managed and developed to deliver against the targets within the Council Plan.  

An objective of the Asset Management Strategy is to acquire, manage, maintain and dispose of property effectively, efficiently and sustainably, together with optimising financial and commercial opportunities. 

Decision

The Cabinet Member for Finance and Property has approved that:

(1)         The County Council enters into a lease agreement for part of the first floor at Tradewinds Business Centre, Heath Place, Ash Grove, Bognor Regis, West Sussex, PO22 9SL on terms set out in the Appendix A (for Members only)

(2)         Authority is delegated to the Service Director (Property and Assets) in conjunction with the Executive Director of Law, Assurance and Insight to conclude the terms of the lease.