Issue - decisions

Establishing an investment budget for a strategic commercial property acquisition

28/09/2018 - Establishing an Investment Budget for a Strategic Commercial Property Acquisition

Resolved:  That authority be delegated to the Corporate Director of Economy & Place to complete the purchase of the freehold interest in the commercial property assets in the Swinegate area identified in exempt Annex A to the report, once all due diligence is satisfactorily conducted on the assets.

 

Reason:     To ensure the ongoing economic vibrancy of the city centre while increasing the income from the council’s commercial property portfolio in line with budget targets.


 

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