Strategic Acquisition - allocation to the capital programme

July 15, 2025 Cabinet (Cabinet collective) Key decision Approved View on council website
Full council record
Content

*RESOLVED

 

1.  
That the addition of a strategic acquisition
allocation to the Council’s capital programme; with an
allocation of £1.5m in 2025/26 and £1m in 2026/27 be
recommended to Full Council.
 

2.  
That it be noted that the appropriate delegations
are included within the Council’s constitution, which enable
the acquisition of land and property, and any decisions made under
these delegations would include details of the specific funding
arrangements as part of the financial implications section of the
report, be subject to legal advice, and reported to Full Council as
part of the regular capital programme monitoring
arrangements.
 
REASON FOR
DECISIONS
 
Including a strategic
acquisition allocation within the Council’s capital programme
will enable the Council to respond with increased flexibility when
an opportunity to acquire a strategic site is presented and will
allow the Council to move at pace to secure sites when appropriate
opportunities arise.

Related Meeting

Cabinet - Tuesday, 15th July, 2025 10.30 am on July 15, 2025

Supporting Documents

PDF.pdf

Details

OutcomeRecommendations Approved
Decision date15 Jul 2025