Decision details

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Delegated authority to enter into a grant agreement with MHCLG and to acquire properties in the FHSF programme

Decision:

Cabinet received a progress report of the Future High Streets programme in High Wycombe.  A further report to establish the programme and governance would be submitted to Cabinet in September 2021.

 

RESOLVED –

 

(1)               That the Leader, in consultation with the Cabinet Members for Finance, Resources, Property and Assets and the Deputy Leader and Cabinet Member for Planning and Regeneration, and the Section 151 Officer, be authorised to submit the offers to purchase the properties listed in Annex 1 (confidential), subject to the exchange of contracts being conditional upon Future High Streets grant first being received by the Council from MHCLG.

 

(2)               That the Section 151 Officer be authorized to sign the MHCLG Future High Streets grant offer agreement, as set out in paragraph 5, and to draw down on the first year’s allocation.

 

(3)               That the Service Director for Property and Assets be delegated to appoint the external consultants to undertake development management, valuations, due diligence and lettings, to be funded by the Future High Streets grant.

 

(4)               That the Leader, in consultation with the Cabinet Member for Finance, Resources, Property and Assets, and the Section 151 Officer, be authorised to exchange contracts and complete on the proposed acquisitions set out in the Cabinet report.

 

(5)               That the Service Director for Property and Assets, in consultation with the Cabinet Member for Finance, Resources, Property and Assets, and the Section 151 Officer be authorised to undertake the tendering, selection and appointment of buildings contractors to undertake the refurbishment (subject to planning, if required) of acquisitions, once purchases have been completed.

Details of any conflict of interest declared: None.

Contact: Lisa Michelson Email: Lisa.Michelson@buckinghamshire.gov.uk, John Reed, Director of Property & Assets Email: John.Reed@buckinghamshire.gov.uk.

Report author: Charles Brocklehurst

Publication date: 20/07/2021

Date of decision: 20/07/2021

Decided at meeting: 20/07/2021 - Cabinet

Effective from: 28/07/2021

Accompanying Documents: