1) That approval be given to the acquisition of the property as illustrated within the exempt location plan and site plan red line boundary, for up to a purchase price as detailed within exempt Appendix A (para. 3.6.3).
2) That approval be given to the required capital finding for the property acquisition and the planning consultancy from the Strategic Acquisition Fund in the Council’s approved Capital Plan for 2020/21, if external funding is either delayed or not forthcoming.
3) That authority be delegated to the Strategic Director (Economy and Infrastructure) and Service Director (Legal, Governance and Commissioning) to negotiate and agree terms for the acquisition of the property as identified within the exempt appendix subject to contract, clean and marketable title free from any encumbrances, structural/condition surveys of the property, and vacant possession.
4) That authority be delegated to the Service Director (Legal, Governance and Commissioning) to enter into and execute any agreements or instruments relating to the acquisition of the property identified in the exempt appendix.
5) That authority be delegated to the Service Director (Economy and Skills) to undertake the strategic and operational management of the property following acquisition, alongside the Service Director (Legal, Governance and Commissioning)
6) That authority be delegated to the Service Director (Economy and Skills) to apply for planning permission and any other statutory consents that may be required to develop that property in line with the feasibility report within the exempt appendix.