80 East Kent Property Portfolio (16/00066)
To consider and endorse or make recommendations to the Cabinet Member for Corporate and Democratic Services on the proposed decision set out in the report.
Additional documents:
Minutes:
Mr K Hollidge, Development Consultant, was in attendance for this item.
1. Mr Hollidge introduced the report, which updated the Sub-Committee on developments since last reporting the issue in December 2015.
2. RESOLVED that the decision proposed to be taken by the Cabinet Member for Corporate and Democratic Services, to authorise the Director of Infrastructure, in consultation with the Corporate Director of Finance and Procurement and the Cabinet Member for Corporate and Democratic Services, to:
a) proceed with the proposed simultaneous purchase and sale of the site identified in the report, in accordance with the arrangements set out in the report;
b) finalise the terms of the proposed transaction; and
c) enter into any necessary documents to effect the proposed transaction,
be endorsed.