Decision details

To recommend to Council the transfer of a Community Centre Building and Land from the HRA to General Fund

RESOLVED to

RECOMMEND to Council that:

1)      Pursuant to section 122 of the Local Government Act 1972, the land outlined in blue on the Plan at Annexe 1 to the agenda report at Rowland Road, Cranleigh, Surrey be transferred from the Housing Revenue Account to the General Fund;

2)      The Chief Executive be authorised to execute a memorandum confirming the appropriation; and,

3)      To cover future liabilities, a one off transfer of £25,000 be made from the Housing Revenue Account to the General Fund at the time of the transfer.

[This matter is recommended to Council for decision and is not subject to the call-in procedure]

[Reason: to comply with legislation and best accounting practice.]