Issue - decisions

Acquisition of Property N

13/09/2018 - Acquisition of Property N

1. The Chief Executive conducted any necessary negotiations and completed the acquisition of the asset in consultation with the Chief Finance Officer, the Leader and the Cabinet Member for Finance.
2. The Chief Finance Officer decided (i) the most financially advantageous funding arrangements for the purchase, (ii) the most tax efficient method of holding the asset, and overall to ensure the acquisition was prudentially affordable.
3. The Head of Corporate Governance entered into any necessary legal documentation to acquire the asset