Issue details

Commercial Investment Property Acquisition in Bracknell

 

 

To seek approval and release of funding for the acquisition of a commercial investment property within the Borough

Decision type: Key

Reason Key: Expenditure > £400,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 23/12/2015

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
(3) Information relating to the financial or business affairs of any particular person (including the authority holding the information)

Decision due: 9 Feb 2016 by Executive

Lead member: Executive Member for Transformation & Finance

Lead director: Director of Corporate Services

Department: Corporate Services

Contact: Steven Caplan, Assistant Director: Property Email: steven.caplan@bracknell-forest.gov.uk Tel: 01344 352474.

Consultation process

Meetings with officers

Consultees

Corporate Management Team

Making Representations: In writing to the Director of Corporate Services.

Financial Impact: The Council requires funding of approximately £4.5millon to support the purchase.

Decisions

Agenda items