Decision details

Lease Agreement Holding 132 Hatches Smallholdings Estate (Southlands Farm) FIN10 20/21

Decision Maker: Cabinet Member for Finance

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

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 seeks the approval of the Cabinet Member for Finance to grant a new ten-year commercial lease and a ten-year Farm Business Tenancy of Holding 132 Hatches Smallholdings Estate (known as Southlands Farm), West Sussex RH20 2JU.

 

 

Decision:

The Cabinet Member has agreed:

(1)        That the County Council grants a new ten-year lease and a ten-year Farm Business Tenancy of Holding 132 Hatches Smallholdings Estate (known as Southlands Farm), West Sussex RH20 2JU; and that

(2)        Authority is delegated to the Director of Property and Assets in conjunction with the Director of Law and Assurance to conclude the terms of the lease and tenancy. 

 

Interests and Nature of Interests Declared:

None

Publication date: 15/03/2021

Date of decision: 15/03/2021

Effective from: 25/03/2021

Accompanying Documents: