Issue - decisions
Complete Acquisition of 381 - 397 Edgware Road, NW9 6NJ
That the Strategic Director Regeneration and Environment, in consultation with the Lead Member for Regeneration, Property and Planning:
i) Approves entry into a contract for the purchase of the freehold interest in the 381-397 Edgware Road, Colindale, NW9 6NJ site for £10m.
ii) Notes that under the contract referred to in (i) above, a £1m deposit will be paid upon contract exchange and the remaining £9m of the purchase price will be paid upon completion.