Agenda item

Woodredon Estate Properties Progress Update

Report of the City Surveyor

Minutes:

The Sub-Committee considered a Report of the City Surveyor concerning the Woodredon estate.

 

The City Surveyor informed Members that the Epping Forest & Commons Committee had proposed a change to evaluation criteria 2 to 20% and criteria 3 up to 15% (page 29).

 

A Member queried criteria 2, it was, he suggested, too broadly defined. Officers needed to ensure that covenants were in place to protect the City’s long-term interests and reputation. The City Surveyor agreed, covenants on the site were vital – these will be further defined once the shortlist had been selected (the deadline for offers is end of July 2018).

 

As an aside, the City Surveyor welcomed the useful dialogue between Epping Forest and Commons Committee and the Corporate Asset Sub-Committee thus far.

 

RESOLVED – that the Sub-Committee approved the following:

 

·         Approve the proposed bid evaluation criteria for the disposal of Woodredon

House and The Coach House to enable the City Surveyor and Savills to

assess and determine the best offers over the summer recess and finalise

a proposal for future recommendation.

 

·         Delegate Authority to the Town Clerk in consultation with the Chairman and

Deputy Chairman of Corporate Asset Sub Committee to approve the terms

for the disposals of The Lodge and Laundry Cottage over the summer

recess.

 

·         Note the City Surveyor will be seeking delegated authority to deal with minor

issues of a non - financial nature and where necessary in consultation with

the Comptroller and City Solicitor. The Comptroller and the City Solicitor

being instructed accordingly.

 

 

Supporting documents: