Forward plan

Purchase of a Commercial Investment Property - Falkirk  (01/04/2020 to 31/07/2020, General Exception and Special Urgency Notices)

Plan items
No. Item

1.

Commercial Investment Property Acquisition - Falkirk New!

Decision maker:  Leader of the Council

Decision:   27 Mar 2020

Lead officer:  Justin Henry

Decision status:  Recommendations Approved

Notice of proposed decision first published: 20/03/2020

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 of Ashfield District. Ashfield’s offer was made on 11 March 2020 and Heads of Terms were agreed with the vendor on 13 March 2020. Under the agreement, contracts must be exchanged and completed on or before 3 April 2020. The Leader has been aware of the activity throughout.

Anticipated restriction: Fully exempt  - view reasons