Decision details

PROPERTY TRANSACTION: ACQUISITION OF AN OFFICE PROPERTY IN EPSOM

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

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)

Decisions:

The Cabinet considered the acquisition of an office property in Epsom. The report on this item had been circulated in Part 2 of the agenda as it contained information exempt from Access to Information requirements by virtue of paragraph 3 – information relating to the financial or business affairs of any particular person.

 

RESOLVED that:

 

1.         Surrey County Council acquire the freehold interest in the property on the basis set out in the Part 2 report submitted.

 

2.         The actions identified in recommendation 2 of the Part 2 report submitted be agreed.

 

Reason for decisions

The acquisition will provide the opportunity for the Council to consider the longer term needs of service delivery and office accommodation in the area.

Report author: Peter Hall

Publication date: 25/07/2013

Date of decision: 23/07/2013

Decided at meeting: 23/07/2013 - Cabinet

Effective from: 02/08/2013

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