Issue details

Decision type: Key

Reason Key: Expenditure > £250,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 03/03/2016

This decision will be taken under urgency procedures.

Reason for urgency:
Property one
A conditional bid was submitted on 17 March (the date for best and final offers). If successful, the Council has committed to a period of four weeks or less to reach the point of exchange (industry standard). Failure to get approval from Council and Cabinet well within that four week deadline (which expires17 April) will mean that the seller will go elsewhere and we will lose the building. It is therefore not possible to defer the decision until the expiry of 28 working days since its inclusion on the Forward Plan, as this would be beyond the exchange deadline.
Property two
The Council has been advised that unconditional exchange is required on 13 April. Failure to get approval from Council and Cabinet by or before 13 April will mean that we will lose the building. It is therefore not possible to defer the decision until the expiry of 28 working days since its inclusion on the on the Forward Plan as this would be beyond the auction date.

Decision due: 07 04 2016 by Cabinet

Lead member: Leader of the Council

Contact: Heather Morgan, Group Head - Place, Protection and Prosperity Email: h.morgan@spelthorne.gov.uk Tel: 01784 446352.

Consultation process