Decision details

To approve recommendations for purchase and sale of assets and terms of leases

(over £1m – Cabinet decision, under £1m – Cabinet Member decision,

in consultation with the Leader)

Part 2

·      That a capital investment of the amount set out in the report submitted be approved for the refurbishment of eight vacant houses which will protect and enhance the capital value and generate an ongoing income stream for the Council.

·      That the Strategic Director for Business Services, in consultation with the Cabinet Member for Assets and Regeneration Programmes, be authorised to agree a variation of up to 10% of the total value on the basis set out in the report submitted.

Reasons for Decisions:

To meet Surrey County Council’s objective to increase revenue to the authority and enhance capital value in its assets.