Was ‘Your Waverley’ reading the Waverley Web a couple of days ago – reading our predictions for 2020?
No – of course, it wasn’t – but we did hit the nail right on the head with our predictions because next week the Council’s EXECUTIVE – the engine that drives council business – will propose a massive land and property sell-off – to stave off bankruptcy.
Here’s the cunning plan to be considered next Tuesday. All the sites outlined in red are owned by either ‘Your Waverley’ or Surrey County Council.
Here it is folks a £40,000 Options Appraisal of Waverley’s land and buildings proposed.
A previous costly appraisal carried out at huge expense a while back by the previous administration was put on ice, and the Tories did nothing.
Now the new Rainbow Administration is going in all guns blazing in a bid to replenish the borough’s dwindling coffers, by making better use of its assets.
Year on year Governement cuts has had a damaging impact on Waverley’s finances. The recent revelation that a major Farnham development will not now produce the benefits the Tories’ predicted, is expected to worsen Waverley’s financial situation.
Next Tuesday the Executive will decide whether to approve the appointment of specialist advisors to produce a further Options Appraisal assessing the investment opportunities of key Waverley and Surrey owned sites in Godalming, and to request the Executive that budget is allocated from the Property Investment budget.
- Recommendation. it is recommended that the Executive approve the use of up to £40K for the completion of the Options Appraisal.
- Reason for the recommendation A previous outline Options Appraisal on the key sites indicated a significant return could be generated and a major improvement to customer experience can be achieved by developing the sites sympathetically. Such a return on investment would support the projected budget shortfall in the future.