Decision Maker: Chief Finance Officer
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
he Chief Finance Officer decided the most
financially advantageous funding arrangements for the purchase and
that the acquisition is prudentially affordable.
Acquiring the site will bring in a steady
income stream for the term of the lease and give the Council the
ability to redevelop the site in the future (releasing further
development value).
The income stream will assist in the future financial stability of
the Council.
Option 1 - to acquire the site
Option 2 - not to acquire the site
Publication date: 12/02/2019
Date of decision: 11/02/2019