Decision details

RESOLVED that Cabinet recommended to Full Council to:

A    Delegate authority to the Managing Director, in consultation with the Leader of the Council, the S151 Officer and the Monitoring Officer, to finalise proposals for the purchase of Harlow Quarter by private treaty.

B    Delegate authority to the Managing Director, in consultation with the Leader of the Council, the S151 Officer and the Monitoring Officer to, in parallel with negotiations to acquire by private treaty, finalise proposals to acquire Harlow Quarter using compulsory purchase powers.

C    Allocate the maximum budget set out in confidential Appendix B to this report, to fund the acquisition of Harlow Quarter including all costs associated with the acquisition and/or compulsory purchase process, and delegate authority to the S151 Officer to amend the Council’s Capital Strategy and Treasury documents accordingly.

D    Note that final authority to proceed with an acquisition by private treaty (pursuant to A above) or to exercise compulsory purchase powers (pursuant to B above) will be subject to a future Cabinet decision.