Decision details

An opportunity has emerged to acquire a strategically important landholding at the costs reported to which there will be some additional associated legal and sundry costs.  An independent valuation has been received to demonstrate that this represents best value to the Council.

To authorise officers to take all action necessary to acquire the landholding as now reported, and as shown on the plan attached to the report, on terms to be approved by the Director of Economic Growth and Prosperity up to the maximum cost reported, excluding Stamp Duty Land Tax and Land Registry fees, but including any sellers costs; and to approve the associated Supplementary Capital Estimate detailed.