Issue - meetings

    Report by Executive Director, Alistair Cunningham.

This item is exempt due to the financial information provided in the report.

Cllr Philip Whitehead, Cabinet Member for Finance, Procurement, ICT and Operational Assets presented the report seeking approval to vire £1.25m from the £10m commercial investment capital allocation and to agree to the acquisition of a property to meet operational service needs.

Resolved: 

1.    To note the independent advice to inform a purchasing strategy.

2.    To Note the business case for the proposed purchase based on the recommended purchasing strategy.

Reason for Decision:

To ensure the Council can provide accommodation that meets operational service needs and to enable rationalisation of the Council’s estate. To consider consolidation of other services into a new facility to accelerate the release of potential development sites and or site disposal.