Decision details

Acquisition of Property Investments in Redhill

Decision Maker: Executive

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

RESOLVED that:

 

The Head of Property, in consultation with the Head of Finance and the Executive Members for Property and Regeneration and Finance, be authorised to:

 

a)    Acquire, for investment purposes, the Freehold and Long Leasehold properties referred to in the report to the Executive.

 

b)    Agree any variations to the heads of terms and to the acquisition price further to external valuation advice and due diligence investigations.

Publication date: 26/06/2018

Date of decision: 21/06/2018

Decided at meeting: 21/06/2018 - Executive

Effective from: 04/07/2018

Accompanying Documents: