· The disposal of Perry Hill Lodge, Worplesdon be approved on the basis set out in paragraph 1 of the report submitted, subject to exchange of papers taking place by 31 December 2013, with completion taking place on 31 March 2014 or earlier on not less than 10 working days notice from the buyer.
· Should completion not take place within the required timeframe, the Chief Property Officer, be authorised to take the actions set out in paragraph 19 of the report submitted in consultation with the Cabinet Member for Assets and Regeneration Programmes and S151 Officer.
Reasons for Decisions:
To ensure best value is obtained for the disposal of a property no longer required for service reasons, to reduce the cost of managing an empty property and to maximise potential receipts without additional risk.
[The decisions on this item were taken under Special Urgency procedures as they could not be reasonable deferred and come into immediate effect]
· 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.
That Surrey County Council acquire the freehold interest in this property for the purchase price, ancillary costs and on the basis set out in the report submitted.
Reasons for Decisions:
To secure the long term need for office accommodation.