Issue - meetings

Acquisition of property King Street

Meeting: 06/01/2020 - Cabinet (Item 92)

92 Acquisition Of Freehold Interest - 145/155 King Street, W6 pdf icon PDF 359 KB

This report has two appendices which contain information exempt within the meaning of Schedule 12A to the Local Government Act 1972 and are not for publication. The appendices have therefore been circulated to Cabinet Members only.

 

Any discussions on the contents of an exempt appendix will require Cabinet to pass the proposed resolution identified at the end of the agenda to exclude members of the public and the press from the proceedings for that discussion.

 

Additional documents:

Minutes:

 

1.    To note that appendices 1 and 2 of the report are not for publication on the basis that they contain information relating to the financial or business affairs of any person (including the authority holding that information) as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.    To delegate to the Strategic Director for the Economy, in consultation with the Borough Solicitor and Cabinet Member for Finance and Commercial Services to agree the property legal agreements

 

3.    To acquire the freehold interest of 145-155 King Street, W6 on the terms set out in Appendix 2 of the report. 

 

4.    To approve a capital budget of up to £19.81 million in 2019/20, to be funded by borrowing, represented by an increase in the Council’s Capital Financing Requirement.