11 Potential Property Acquisition Opportunity (confidential item)
To update Cabinet on the due diligence requested at its meetings on 5th September 2022 and 30th January 2023 and seek a decision on what if any further action should be taken in relation to a proposed property acquisition opportunity.
Minutes:
Members considered a potential property acquisition opportunity presented by Councillor Seaton.
Members asked made comments, asked questions and received responses.
Proposed by Councillor Boden, seconded by Councillor Miscandlon and AGREED to approve the continuation of without prejudice negotiations in relation to a proposed property acquisition opportunity subject to the availability of DLUHC funding.
(Members resolved to exclude the public for this item of business on the grounds that it involved the disclosure of exempt information as defined in Paragraphs 3 and 5 of Part 1 of Schedule 12A of the Local Government Act 1972).