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RULE 15 Acquisition of income generating investment to incorporate within the Commercial Estate to move to full approval from provisional

 

 

This report sets out the terms of the proposed acquisition of income generating investment property to move to full budget approval from provisional budget approval.

Decision type: Key

Reason Key: Significant Financial Impact;

Decision status: Approved

Notice of proposed decision first published: 08/02/2019

This decision will be taken under urgency procedures.

Reason for urgency:
The decision is being taken under the special Urgency provisions of the Council’s constitution (Rule 15). The urgency arises as a result of the terms of sale requiring that the Council exchanges contracts and completes the transaction within a specified timescale.

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
Information relating to the financial or business affairs of any particular person (including the authority holding that information)

Decision Type: Key Decision;

Decision due: Not before 16th Feb 2019 by Cabinet Member - Finance and Efficiency, Leader of the Council

Lead director: Director of Economy & Growth

Contact: Richard Long, Head of Property Services Email: richard_long@bathnes.gov.uk Tel: 01225 477075.

EFP Reference: E3134

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