Issue - decisions

Acquisition of Freehold in Salfords

04/12/2018 - Acquisition of Freehold in Salfords (exempt)


04/12/2018 - Acquisition of Freehold in Salfords

RESOLVED that subject to a satisfactory due diligence report being received, the Head of Finance and Assets, in consultation with the Director for Finance and Organisation, the Executive Member for Property and Acquisitions, and Executive Member for Finance, be authorised to: (a) acquire the Freehold referred to in the report for investment purposes; and (b) agree any variations to the heads of terms and to the acquisition price further to external valuation advice and due diligence investigations as set out in the exempt Part 2 report.