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  • Issue details

    Exempt report - Acquisition W - Key decision

    To consider the acquisition of a property.

    Decision type: Key

    Reason Key: Expenditure > £164,000;

    Decision status: Recommendations Approved

    Notice of proposed decision first published: 21/12/2018

    This decision will be taken under urgency procedures.

    Reason for urgency:
    In order to secure the property on favourable terms the Council needs to progress with the acquisition with due haste as one would expect with commercial property negotiations. The offer for the property will be strengthened considerably if it is backed by a decision by Cabinet to authorise the purchase. It is therefore not possible to defer the decision until the expiry of 28 working days for the publication of notices under the regulations, as this would put the Council at a considerable disadvantage in the negotiations.

    Decision due: 11 09 2019 by Cabinet

    Lead member: Leader of the Council

    Contact: Nick Cummings, Property and Development Manager Email: n.cummings@spelthorne.gov.uk.

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