Issue details

Purchase of the freehold interest in Peterborough Registry Office - DEC17/CMDN/75

To delegate authority to the Corporate Director of Growth and Regeneration to purchase the freehold interest in Peterborough Registry Office.

 

With the approval of the Chairman of the Growth, Environment and Resources Scrutiny Committee Urgency, Special Urgency and waiver of call-in procedures have been invoked to suspend the requirement to advertise the decision for 28 days, publish the decision for 5 days prior to publication, and to suspend the 3 day call-in period.

 

This is because the Council has entered into an agreement with the vendor to complete the transaction within a strict timetable giving its exclusivity to acquire the property ‘’off market’’ with completion being on or before the date rent next becomes due which is 25 December 2017

Decision type: Key

Decision status: Recommendations Approved

Notice of proposed decision first published: 08/12/2017

This decision will be taken under urgency procedures.

Reason for urgency:
With the approval of the Chairman of the Growth, Environment and Resources Scrutiny Committee Urgency, Special Urgency and waiver of call-in procedures have been invoked to suspend the requirement to advertise the decision for 28 days, publish the decision for 5 days prior to publication, and to suspend the 3 day call-in period.

This is because the Council has entered into an agreement with the vendor to complete the transaction within a strict timetable giving its exclusivity to acquire the property ‘’off market’’ with completion being on or before the date rent next becomes due which is 25 December 2017

Anticipated restriction: Part exempt  - View reasons

Decision due: January 2018 by Cabinet Member for Resources

Lead member: Cabinet Member for Resources

Lead director: Executive Director Place and Economy

Contact: Jane McDaid, Head of Peterborough Property Services Email: jane.mcdaid@peterborough.gov.uk Email: jane.mcdaid@peterborough.gov.uk.

Relevant Scrutiny Committee: Growth, Environment and Resources

Decisions