Decision Maker: Partner, Shareholder and Trustee Executive Sub-Committee
Decision status: For consultation
Is Key decision?: Yes
Is subject to call in?: No
RESOLVED – that the Partner, Shareholder and Trustee Executive Sub-Committee AGREED that the Chief Finance Officer, in consultation with the Executive Members for Investment & Companies and Finance & Governance, be authorised to:
(i) Acquire the Freehold and Long Leasehold properties referred to in Part 2 of this report; and
(ii) Agree to any variations to the heads of terms and to the acquisition price further to external valuation advice and due diligence investigations.
RESOLVED – that the Partner, Shareholder and Trustee Executive Sub-Committee AGREED:
That the Chief Finance Officer in consultation with the Executive Members for Investment & Companies and Finance & Governance, be authorised to:
(i) Acquire the Freehold and Long Leasehold properties referred to in Part 2 of this report; and
(ii) Agree any variations to the heads of terms and to the acquisition price further to external valuation advice and due diligence investigations.
Wards Affected: Earlswood and Whitebushes; Meadvale and St Johns; Redhill East; Redhill West and Wray Common;
Contact: Daniel Jones, Property Services Manager Email: Daniel.Jones@reigate-banstead.gov.uk Tel: 01737276872.
Publication date: 27/03/2023
Date of decision: 23/03/2023
Decided at meeting: 23/03/2023 - Partner, Shareholder and Trustee Executive Sub-Committee
Accompanying Documents: