Housing Property Acquisition
Additional documents:
Decision:
Having considered a confidential officer report and a presentation by the
Cabinet Member for Housing, Councillor Damien Egan, the Mayor agreed
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.
Minutes:
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.