Agenda and draft minutes

RESOLVED that Councillor Bidwell be elected Chair of the Executive Committee – Commercial Property for the municipal year 2023/24.

RESOLVED that Councillor Neil be nominated Vice Chair of the Executive Committee – Commercial Property for the municipal year 2023/24.

Members are asked to declare any disclosable pecuniary or affected interests in respect of any matter to be considered at this meeting.

Any Member with a Disclosable Pecuniary Interest in a matter should withdraw from the meeting when the matter is under consideration and should notify the Democratic Services Officer in attendance that they are withdrawing as they have such an interest. If the Disclosable Pecuniary Interest is not entered on the register of Members interests the Monitoring Officer must be notified of the interest within 28 days.

Any Member with an affected Interest in a matter must disclose the interest to the meeting.  There is no requirement to withdraw from the meeting when the interest is only an affected interest, but the Monitoring Officer should be notified of the interest, if not previously notified of it, within 28 days of the meeting.

To consider and approve the minutes of the meeting of the Executive Committee held on 24 January 2023.

RESOLVED that the minutes of the meeting of the Committee held on 24 January 2023 be approved as a correct record.

There were no urgent items of business.

To consider the following motion:

That pursuant to Regulation 4 of the Local Authorities (Executive Arrangements) (Access to Information) Regulations 2012 and having regard to the public interest, members of the public and press be excluded from the meeting for the consideration of item 8 which involves the likely disclosure of exempt information under the following category of Schedule 12A of the Local Government Act 1972:

(3)        Information relating to the financial or business affairs of any particular person.

NB:      No representations have been received in response to the notice under regulation 5 of the Local Authorities (Executive Arrangements) (Meetings and Access to Information) (England) Regulations 2012

RESOLVED that pursuant to Regulation 21 of the Local Authorities (Executive

Arrangements) (Access to Information) Regulations 2000 and having regard to the

public interest, members of the public and press be excluded from the meeting for the consideration of item 7 which involves the likely disclosure of exempt information

under the following category of Schedule 12A of the Local Government Act 1972:

(3) Information relating to the financial or business affairs of any particular

person.

The Executive Committee – Commercial Property considered the following items.  The decisions are recorded in the decision sheets attached to these minutes and summarised below:

RESOLVED that the Executive Committee – Commercial Property:

i.       Notes the update on the properties previously acquired through the CPIS and agrees that no further action is required at this point.

ii.     Authorises the Assistant Director: Property Services to undertake detailed due diligence regarding an opportunity that has arisen to potentially acquire a property.

iii.    Subject to the findings of the due diligence process, authorise the Assistant Director: Property Services, in consultation with the Chief Executive, the Executive Director: Resources and the Borough Solicitor to pursue negotiations to purchase the property for a consideration of up to the maximum price agreed by the Committee.