Issue details

Decision type: Key

Reason Key: Expenditure / Saving £50,000 revenue or £1 million capital;

Decision status: Recommendations Approved

Notice of proposed decision first published: 09/04/2019

This decision will be taken under urgency procedures.

Reason for urgency:
The Council has agreed Heads of Terms to acquire a commercial investment property outside Ashfield District. Ashfield's offer was made on 5 April 2019 and Heads of Terms were agreed with the vendor on 8 April 2019. Under the agreement, contracts must be exchanged and completed on or before 24 April 2019. The Leader has been aware of the activity throughout.

Anticipated restriction: Fully exempt  - View reasons

Decision due: 10 Apr 2019 by Leader of the Council

Lead member: Leader of the Council

Contact: Justin Henry, Service Manager - Commercial Development Email: j.henry@ashfield.gov.uk.

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