Decision Maker: Cabinet Member for Finance
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The County Council’s Future West Sussex Plan set out its ambition to minimise the burden of local taxation, delivering the best outcomes for residents with the money it spends, whilst living within its means. In 2018 the County Council agreed to adopt an Asset Management Policy and Strategy. An objective of the strategy is to acquire, manage, maintain and dispose of property effectively, efficiently and sustainably, together with optimising financial return and commercial opportunities.
To accord with Standing Orders, this report advises on the outcome of the marketing of the vacant potential residential development land to the south of The Littlehampton Academy and seeks the approval of the Cabinet Member for Finance to dispose of the County Council’s freehold estate in the land. Offers have been received for the site and approval is sought to sell to the preferred and highest bidder having regard to the planning considerations and the costs of developing the site.
That the Cabinet Member endorses:
(1) That the County Council disposes of its freehold estate in the surplus brown field site to the south of the Littlehampton Academy as set out in Appendix A of this report (restricted, members only) and;-
(2) Delegation of authority to the Director of Property and Assets in conjunction with the Director of Law and Assurance to conclude the terms of the sale with the purchaser.
Publication date: 22/12/2020
Date of decision: 22/12/2020
Effective from: 06/01/2021