Decision details

Having considered a confidential officer report and a presentation by the

Cabinet Member for Housing, Councillor Damien Egan, the Mayor, for the

reasons set out in the report:

RESOLVED that:

(1) the business case at section 7 that sets out the financial and operational

benefits from acquiring 93-95 Rushey Green, SE6 be noted;

(2) officers should seek to purchase the freehold interest in 93-95 Rushey

Green, SE6 for not more than its certified market value plus associated

acquisition costs; and

(3) authority to finalise negotiations and complete the purchase be delegated

to the Executive Director for Resources and Regeneration, in consultation

with the Executive Director for Customer Services and the Head of Law, at no

more than its certified market value.