Issue - decisions
RULE 16 Acquisition of income generating investments to incorporate within the Commercial Estate to move to full approval from provisional
11/09/2018 - RULE 16 Acquisition of income generating investments to incorporate within the Commercial Estate to move to full approval from provisional
The Cabinet Members approve:
1.1 The acquisition of two investment properties which are in accordance with external legal advice but noting that the purchase of one of the properties does not meet with MHCLG guidelines as it is outside of the Bath and North East Somerset boundary; and
1.2 Capital expenditure on the acquisition of the properties and any necessary adjustments to the 2018/2019 capital budget to reflect this approval.