Issue - decisions

Acquisition of Property in Earlswood and Whitebushes

03/02/2020 - Acquisition of Property in Earlswood and Whitebushes

RESOLVED that:

i)               subject to satisfactory due diligence, the Head of Legal and Governance, in consultation with the Head of Finance and Assets and members of the Commercial Ventures Executive Sub-Committee, be authorised to:

 

(a)  Acquire the freehold/leasehold of the properties in Earlswood and Whitebushes as detailed in the exempt report in Part 2 of the report; and

 

(b)  Fund the acquisition and supporting costs from the funding allocated within the approved capital programme for investment in capital schemes to support delivery of the Corporate Plan, Housing delivery Strategy and Investment Strategy.