Decision details

RESOLVED that Cabinet recommended to Full Council that:

A    Delegated authority be given to the Leader of the Council, Managing Director and Section 151 Officer to finalise the purchase of the development sites as detailed in the report.

B    Delegated authority be given to the Leader of the Council and Managing Director to take all necessary steps to commence the redevelopment of the sites, including demolition, as detailed within the budget profile set-out within this report and in accordance with council’s procurement framework.

C    A maximum budget is allocated for the negotiated purchase price and associated costs per the agreed terms of this report and approve that associated Capital Strategy and Treasury documents are amended to reflect the capital acquisition as detailed in the report.

D    Delegated authority be given to the Leader of the Council and Section 151 officer to finalise any required capital financing for the acquisitions as detailed in the report.

E     Delegated authority be given to the Leader of the Council, Section 151 officer and Managing Director to negotiate and complete the acquisition as detailed in the report.