Issue details

Purchase of residential high rise block by i4B

We have now agreed a price and received the heads of terms from Quinatin, we now need approval from cabinet to go ahead with the deal before the director of property can enter into negotiations on our behalf.

 

Decision deferred: from September 2019 to October 2019 Cabinet.

Reason for deferral: To allow further review.

Decision type: Key

Reason Key: Signficant expenditure/savings of £500k or more;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 05/08/2019

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
There is reference to aspects of how the company is funded, and also parts of the Heads of Terms which we may want to exemptm

Decision due: 14 Oct 2019 by Cabinet

Lead member: Deputy Leader

Lead director: Strategic Director - Customer and Digital Services

Department: Performance, Policy and Partnerships

Contact: Craig Lane, Strategy and Delivery Lead Email: Craig.Lane@brent.gov.uk.

Decisions

Agenda items

Documents

  • Purchase of Quintain block by i4B