Decision details

RESOLVED:

1. That Cabinet formally declares the asset surplus to operational requirements.

2. That Cabinet approves the sale of Arundel House, Garretts Lane, Banstead, to the party and on the terms provided in the part 2 report.

3. That Cabinet delegates authority to the Executive Director, Environment, Property and Growth, in consultation with the Director of Land & Property to finalise the transaction and conclude all associated legal agreements.

Reasons for Decisions:

Cabinet has previously endorsed rationalisation of the surplus estate, and the recommended bid follows an open marketing campaign of the former care home facility at Arundel House, Garretts Lane, Banstead, where a total of twenty-nine unconditional and conditional bids were received.

To enable thedisposal, Cabinet is to formally declare an 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)