Decision details

Decision Notice: D230005CAB

(Reasons: LGA 1972 - Sch 12A Paragraph 3 – Financial or business affairs of any particular person)

The Cabinet gave careful consideration to a number of options regarding the future of 2 properties at Pembury Road, Tonbridge as detailed in Annex 1 to the report.  In assessing the options, particular attention was given to the financial and legal implications, value for money considerations and the potential risks associated with the delivery options available.

RESOLVED: That

(1)             subject to (2) below, the option to utilise the properties as 2 x 4 bed need temporary accommodation units be progressed and implemented;

(2)             the public sector partner be given the opportunity to reach agreement on heads of terms by 31 January 2023 and any agreement to be reported to Cabinet for consideration as soon as possible thereafter; and

(3)             £944,000 be set aside for future temporary accommodation purchases, subject to the required approval processes and due diligence.