Decision details

Cllr Ray Theodoulou, Cabinet Member for Finance and Change, sought approval of the Council’s Property Acquisition Policy.

Having considered all of the information, including known proposals and the reasons for the recommendations, the report was noted.

Subject to a minor change to the governance section of the report, (point 2.3.3), amended to state, ‘in those instances where the Property Board approve the business case, a decision report would be produced following the council’s governance process, including consultation with the Cabinet Member for Finance and Change’, Cabinet

RESOLVED to: 

1)    Approve the Policy, which sets out a governance framework to acquire property and request that Officers implement with immediate effect, and

2)    Request that Officers provide to Cabinet the Schedule of Acquisitions, as referred to in the Policy, in February 2018.