Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: April 14, 2025

Purpose:

Content: (a)  That the acquisition of two freehold houses be agreed comprising:   ·  36 Moreland Avenue, Colnbrook, Slough, SL3 0LR, and ·  37 Spencer Road, Slough, SL3 8RR   (b)  Delegated authority to the Executive Director of Regeneration, Housing & Environment, in consultation with the Lead Member for Financial Oversight and Council Assets and the Executive Director of Finance and Commercial, to negotiate the terms of and enter into the contract and any associated documentation in connection with the acquisition of the asset, subject to satisfactory legal and technical due diligence and this being consistent with the assumptions in this report.   (c)  Noted that an HRA Acquisition Policy would be brought to Cabinet in June 2025 to provide a clear framework for future acquisitions.