Issue - meetings

Purchase of 47 High Street in Tonbridge

Meeting: 12/01/2022 - Finance, Innovation and Property Advisory Board (Item 12)

47 High Street, Tonbridge

This report sets out the proposed purchase of 47 High Street in Tonbridge and the reasons why an urgent decision was taken outside of the Council’s Budget and Policy Framework regarding the funding of the purchase.

 

Additional documents:

Decision:

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

 

(Report of Director of Central Services and Deputy Chief Executive)

 

The report set out details of the proposed purchase of 47 High Street, Tonbridge.

 

Following consideration by the Finance, Innovation and Property Advisory Board, the Cabinet Member for Finance, Innovation and Property resolved that:

 

(1)   the purchase of the freehold interest of 47 High Street as set out in the report be approved; and

 

(2)   the funding arrangements for the proposed purchase via the Urgent Decision taken under the Council’s Budget and Policy Framework Procedure Rules be noted.

 

Minutes:

(Decision Notice D220003MEM)

 

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

 

The report of the Director of Central Services and Deputy Chief Executive set out details of the proposed purchase of 47 High Street, Tonbridge.

 

RECOMMENDED:  That

 

(1)             the purchase of the freehold interest of 47 High Street as set out in the report be approved; and

 

(2)             the funding arrangements for the proposed purchase via the Urgent Decision taken under the Council’s Budget and Policy Framework Procedure Rules be noted.