Decision details

That the Strategic Director for Economy, in consultation with the Strategic Director of Finance:

1. notes that appendix 1 is not for publication on the basis that it contains information relating to the financial or business affairs of any particular person (including the authority holding that information) as set out in paragraph 3 of Schedule 12A of the Local Government Act 1972 (as amended).

2. approve the decision to acquire the Property and the associated expenditure outlined in exempt appendix 1 against the existing approved RHP capital budget and transfer deed for the purchase of the Property.

3. approve entering into the contract for sale and transfer deed for the purchase of the Property.

This decision requests authority to purchase the Property described above under the RHP. The leader’s urgency decision approved in July 2023 established a capital budget for this programme, and confirmed that individual acquisitions would be subject to distinct decision reports to be approved by the Strategic Director for Economy in consultation with the Strategic Director of Finance.

As described in the report.