Issue details
Review of Property Holdings (Rolling Entry)
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 a vacant and surplus former lorry park and seeks the approval of the Cabinet Member for Finance to dispose of the County Council’s freehold estate in the property. Offers have been received and approval is sought to sell to the preferred and highest bidder.
Decision type: Key
Reason Key: Expenditure > £500,000;
Decision status: Recommendations Approved
Divisions affected: Southwick;
Notice of proposed decision first published: 18/03/2021
Decision due: Between 1 April 2020 and 31 March 2021 by Cabinet Member for Finance
Lead member: Councillor Jeremy Hunt jeremy.hunt@westsussex.gov.uk
Contact: Elaine Sanders, Property Services Manager Email: elaine.sanders@westsussex.gov.uk Tel: 033 022 25605.
Consultation process
Representation can be made via the officer contact.
Consultees
Local members
Democratic Services Contact: Suzannah Hill Tel.033 022 22551
Background3: A Council that Works for the Community
Decisions
- 18/03/2021 - Review of Property Holdings Disposal of Albion Street Lorry Park, Southwick FIN11 20/21
Background papers
- None