Decision Maker: Cabinet Member for Finance and Resources
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. In line with this strategy the County Council now proposes to dispose of part of the freehold of land South of the Littlehampton Academy.
The Cabinet Member has endorsed:
1. That the County Council commences the marketing of land held by the County Council that is known as land South of The Littlehampton Academy, Near Rosemead, Littlehampton, West Sussex, BN17 6DQ as set out in Appendix A; and
2. Delegates to the Director Property and Assets the authority to carry out marketing on the basis of best value in the market conditions and to complete the sale of the land to the most advantageous bidder, providing the bid meets or exceeds the estimated value.
Publication date: 08/10/2019
Date of decision: 08/10/2019
Effective from: 18/10/2019