Decision details

ACQUISITION OF THE FREEHOLD INTEREST IN 300 MARE STREET, HACKNEY, E8

Decision Maker: Decision of the Executive Mayor

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Decision:

RESOLVED:

 

1.  To agree that the Council purchases the freehold interest in 300 Mare Street at the Jones Lang La Salle auction on the 21st October within the price range as detailed in the attached Exempt Appendix A and to authorise the re-sourcing and spending of these monies.

2.  To authorise the Corporate Director of Legal and Democratic Services to agree the terms for the contract and to complete the purchase of 300 Mare Street  on behalf of the Council.

3.  To delegate authority to the Corporate Director of Legal & Democratic Services to enter into agreement and other necessary legal documentations required to implement the required proposed acquisition on behalf of the Council.

 

Report author: James Croysdill, Peter Edwards

Publication date: 30/10/2009

Date of decision: 20/10/2009

Decided at meeting: 20/10/2009 - Decision of the Executive Mayor

Accompanying Documents: