URL: https://westsussex.moderngov.co.uk/ieDecisionDetails.aspx?ID=2275

Decision Maker: Cabinet Member for Finance and Property (Cllr Jeremy Hunt)

Outcome:

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: The Council Plan sets out the Council’s ambition to minimise the burden of local taxation, delivering the agreed priorities for residents within the approved budget and capital programme. The Council maintains an Asset Management Policy and Strategy that details how the Council’s Assets will be managed and developed to deliver against the targets within the Council Plan. An objective of the Asset Management Strategy is to acquire, manage, maintain and dispose of property effectively, efficiently and sustainably, together with optimising financial and commercial opportunities.

Content: The Council Plan sets out the Council’s ambition to minimise the burden of local taxation, delivering the agreed priorities for residents within the approved budget and capital programme. The Council maintains an Asset Management Policy and Strategy that details how the Council’s Assets will be managed and developed to deliver against the targets within the Council Plan. An objective of the Asset Management Strategy is to acquire, manage, maintain and dispose of property effectively, efficiently and sustainably, together with optimising financial and commercial opportunities. The Cabinet Member for Finance and Property has approved that: (1)  the County Council grants a new 10-year lease of the former East Preston Youth Centre to a new tenant subject to contract and agreement of final terms, as set out in Appendix A (for Members only); and (2)  authority is delegated to the Assistant Director (Property and Assets) in conjunction with the Executive Director of Law, Assurance and Insight to negotiate and conclude the terms of the lease. None declared.

Date of Decision: October 1, 2025