Decision details

Acquisition of a site

Decision Maker: Chief Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To acquire a building which would bring in a steady income stream for the term of the lease. The income stream will assist in the future long term financial stability of the Council.

Decision:

The Chief executive, Roberto Tambini, did not proceed with the purchase.
The decision was made in consultation with the Leader and Cabinet member for Finance.
No disclosures of interest were made.

Alternative options considered:

Option 1 - not to acquire

Publication date: 24/01/2018

Date of decision: 06/04/2017