As Deputy Leader and Cabinet Member for Finance, Corporate and Traded Services, I agree to:
1. Approve the sale of the property known as Land at the Intersection of the M20/ M25 under the terms and conditions of an Option Agreement dated 11 June 2020;
2. Confirm the Director of Infrastructure’s decision under delegated authority to dispose of the property known as Land at Intersection of M20/M25, Swanley, Kent, noting that the property’s performance in terms of consideration payable exceeded the expectations underpinning the original disposal governance plan; and
3. Delegate authority to the Director of Infrastructure, in consultation with the Deputy Leader and Cabinet Member for Finance, Corporate and Traded Services to finalise the sale and take other actions including but not limited to, entering into relevant contracts or other legal agreements, as necessary to implement this decision.