Purpose

To agree an asset sale.

Content

The Executive RESOLVED

That  (i)    following a competitive open market
disposal process the site be sold freehold to the recommended
bidder; and

         
(ii)   authority be delegated to
the Strategic Director - Corporate
Resources, in consultation with the Portfolio
Holder, to complete the sale.

Reason:   To secure
the proposed disposal of 6 Church Street West, Woking, GU21 6DJ
and to realise the capital value as part of the
current managed site disposal process. 
In addition, to negate the significant current holding costs
arising from a vacant building.