Agenda item

Property Disposal Update as part of the Interim Asset Disposal Strategy

Cabinet Member: Cabinet Member for Resources & Financial Governance, Councillor Callton Young

Officer: Interim Executive Director Place, Sarah Hayward

Key decision: yes

Decision:

RESOLVED on the basis of the terms set out in Part A and B of the report to

 

1.    Approve the disposal of the Croydon Park Hotel;

 

2.    Approve the disposal of the College Green site;

 

3.    Delegate the approval for the disposal of Heath Lodge, Grangewood Park by auction to the Interim Corporate Director Resources in consultation with the Cabinet Member for Croydon Renewal and to note the representations made following the Notice for the disposal of public open space;

 

4.    Delegate the approve for the Disposal of Ashburton Lodge by auction to the Interim Executive Director Resources in consultation with the Cabinet Member for Croydon Renewal;

 

5.    Approve the extension of the leases for Concord and Sycamore House;

 

6.    Agree to the amended asset disposal list; and

 

7.    Note the update on the Investment Asset performance.

Minutes:

The Leader of the Council delegated authority to the Cabinet to make the following decisions:

 

RESOLVED on the basis of the terms set out in Part A and B of the report to

 

1.     Approve the disposal of the Croydon Park Hotel;

 

2.     Approve the disposal of the College Green site;

 

3.     Delegate the approval for the disposal of Heath Lodge, Grangewood Park by auction to the Interim Corporate Director Resources in consultation with the Cabinet Member for Croydon Renewal and to note the representations made following the Notice for the disposal of public open space;

 

4.     Delegate the approve for the Disposal of Ashburton Lodge by auction to the Interim Executive Director Resources in consultation with the Cabinet Member for Croydon Renewal;

 

5.     Approve the extension of the leases for Concord and Sycamore House;

 

6.     Agree to the amended asset disposal list; and

 

7.     Note the update on the Investment Asset performance.

Supporting documents: