Decision details

Decision Maker: Cabinet Member Property & Assets, Cabinet Member Finance, Resources, Property and Assets, Leader

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The disposal and acquisition of land and buildings on / adjacent to the Wycombe Air Park and budget adjustment to the approved capital programme to allow the transactions to proceed

Decision:

Recommendations:

 

To Authorise the Service Director for Property & Assets in consultation with the Cabinet Member for Property and Assets and the S151 Officer to conclude negotiations, agree Heads of Terms, arrange for any necessary due diligence, agree contracts exchange and complete on the acquisition and disposal of land at and adjacent to Wycombe Airpark as set out in this report and the confidential appendix attached to this report.

 

To Approve a virement from the Corporate Capital Contingency budget to Wycombe Air Park budget to cover the costs of the land acquisition, Stamp Duty Land Tax and legal costs

Wards Affected: Chiltern Villages;

Contact: Sue Palmer Email: Sue.Palmer@buckinghamshire.gov.uk.

Publication date: 10/03/2021

Date of decision: 18/03/2021

Accompanying Documents: