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RESOLVED
 
(i)    To
approve the acquisition of the property (at a purchase price that
does not exceed Figure 1 plus £10,000), subject
to full Council approving the allocation of funds for this
acquisition;
 
(ii)   To delegate authority to the Director of Resources
in consultation with the Cabinet Members for Local Economy and
Place, and, Finance and Resources to approve terms negotiated on
behalf of the Council provided that the purchase consideration is
less than, or equal to, Figure 1 + £10,000 and the total
budget envelope is less than or equal to Figure 2, including costs
and the value of works.
 
(iii) To recommend to
Council that a capital budget of Figure 2 is allocated to the
capital programme in 2023/24 for this purchase.
 
REASON
 
(i)    To allow a purchase of the
property to proceed.