Purchase of Development Land
(Paragraph 3)
Decision:
RESOLVED that:
1) Executive approve the purchase of the land as set out in the report up to the value set out in paragraph 2.1 of the report, to be financed from the existing allocated funds in the capital programme for Bolsover Homes
2) delegated authority be granted to the Director of Development to agree the final purchase price and the remaining terms and conditions of the purchase and purchase agreement.
Minutes:
Executive considered the report of Portfolio Holder – Housing which sought approval for the purchase of 106m2 of development land to deliver a Bolsover Homes Scheme.
Details of the land and the purchase were set out in the report.
Moved by Councillor Sandra Peake and seconded by Councillor Duncan McGregor
RESOLVED that:
1) Executive approve the purchase of the land as detailed in the report up to the value set out in paragraph 2.1 of the report, to be financed from the existing allocated funds in the capital programme for Bolsover Homes.
2) delegated authority be granted to the Director of Development to agree the final purchase price and the remaining terms and conditions of the purchase and purchase agreement.
(Director of Development)
(Paragraph 3)