Purpose

The Cabinet will be asked to approve the
proposed terms for the potential acquisition of the former
Chaseview Care Home.

Content

The Cabinet will be asked to approve the
proposed terms for the potential acquisition of the former
Chaseview Care Home.

Cabinet resolved
to:
 
(i)  Note the
action taken by the Chief Executive, in accordance with the Urgent
Action procedures set out in Part 2, Chapter 16, paragraph 4 of the
Council Constitution, in relation to:
 
(a) 
Agreeing that Be First, on behalf of the Council, submit a bid as
set out in Appendix 2 to the attached report for the acquisition of
the former Chaseview Care Home;
 
(b) 
Delegate authority to the Strategic Director, Resources, in
consultation with the Cabinet Member for Finance, Growth and Core
Services, the Strategic Director, Inclusive Growth
and the Head of Legal, to submit a best and final bid should
the Council be successful in the initial bid round;
 
(c) 
Note that the final bid would be subject to further refinement of
the modelling and financial assumptions along with better profiling
of the delivery plan to take into
account legal, procurement and planning timelines; and
 
(d) 
Delegate authority to the Strategic Director, Resources, in
consultation with the Cabinet Member for Finance, Growth and Core
Services and the Head of Legal, to complete
the necessary documentation to acquire the site should the
Council’s bid be successful.
 
(ii)  Note that
subsequent to the submission of the
Council’s bid, confirmation had been received that HC One had
received higher bids from established care home providers and was
currently considering the detail of those bids.