Purpose

The transfer of management of Home Park Public from RBWM to The Crown Estate.

Decision

AGREED: That Cabinet noted the report and:

i)                 Approved the transfer of management of Home Park Public (HPP) and associated assets and car parks back to TCE by means of surrender of Licences from 1 April 2026, subject to completion of agreed Heads of Terms and legal documentation.

ii)               Approved receipt of a one-off payment of £600,000 from TCE to RBWM as outlined in Option 1 in Table 1, to be paid in April 2026.

iii)             Delegateed authority to the Executive Director of Place Services, in consultation with the Executive Director of Resources (S151 Officer) and Deputy Director of Law & Governance, to: a) finalise and enter into the mutual termination of the HPP and King Edward VII car park licences; b) execute any related legal agreements, variations to contracts (including grounds maintenance), and TUPE processes; c) implement any consequential budget adjustments in the Medium-Term Financial Plan (MTFP).

iv)             Noted that RBWM will no longer manage day-to-day operations or maintenance of the site.