To consider the Phase 3 Business Case on
subject assets approved by the council's Capital Strategy Group as
suitable acquisitions to support the Funding the Future strategy
and a range of wider council economic, social and environmental
priorities. Members are asked to approve the final actions
necessary to formally secure the subject assets via completion of
the agreed contractual terms of sale.
Decision type: Key
Reason Key: Financial Threshold;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 15/06/2020
Anticipated restriction: Fully exempt - View reasons
Explanation of anticipated restriction:
This report is exempt from publication by virtue of paragraph 3, of Schedule 12a of the Local Government Act 1972.
Decision due: 14 July 2020 by Cabinet
Lead member: Cabinet Member with particular responsibility for Communities, Well-Being and Partnerships, Cabinet Member and Leader
Lead director: Director for Economic Growth and Regeneration
Contact: Paul Rogers, Senior Regeneration Officer Email: progers@lancaster.gov.uk Tel: 01524 582334.
Consultation process
The potential acquisitions have been
considered by Capital Strategy Group under the agreed protocols set
out by the the approved Property Investment Strategy and agreed
Capital Strategy Group conventions.
Consultees
Capital Strategy Group have been
consulted.
Are there any climate change implications?: The proposals for acquisition can be subject to a range of climate change mitigation actions via ongoing and active asset/facilities management.