Issue details

Progress update on tranche 1 asset disposals, seeking approval for tranche 2 of asset for disposal and approval of the update of the Community Asset Transfer Policy

Decision type: Key

Reason Key: Expenditure > £1,000,000;

Decision status: Recommendations Approved (subject to call-in)

Notice of proposed decision first published: 25/10/2023

This decision will be taken under urgency procedures.

Reason for urgency:
Whilst a forward entry was published for a tranche 1 update and approval for a tranche 2 asset disposals, the report for decision will now include proposals on a Community Asset transfer Policy.

Anticipated restriction: Part exempt  - View reasons

Financial Impact: Expenditure or savings of up to £5,000,000;

Decision due: 6 Dec 2023 by Cabinet

Lead member: Cabinet Member for Finance

Lead director: Corporate Director of Resources (Section 151)

Department: Resources Directorate

Contact: Huw Rhys-Lewis, Interim Director of Commercial Investment and Capital Email: huw.rhys-lewis@croydon.gov.uk.