Purpose

The decision is for the Executive Director of
Finance and Resources to approve the final terms of the acquisition
of mixed-use building in W1 for temporary accommodation, as set out
in the report to Cabinet on 16 December 2024.

Decision

Decision taken: Decision for the
Executive Director of Finance & Resources to approve the final
terms of the acquisition of mixed-use building in W1 as set out in
the decision report.
 
Reason for Decision: The decision
to purchase the property in W1 for temporary accommodation was made
by Cabinet on 16 December 2024. The background and policy context
to the Council’s temporary accommodation acquisitions
programme is set out in the corresponding Cabinet paper. Cabinet
delegated authority to the Executive Director of Finance &
Resources to agree the final terms of the acquisition in
consultation with the Cabinet Member for Finance & Council
Reform.