Decision details

Acquisition of Mixed-Use Building in London W1

Decision Maker: Executive Director of Finance and Resources

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The decision is for the Executive Director of Finance and Resources to approve the final terms of the acquisition of mixed-use building in W1 for temporary accommodation, as set out in the report to Cabinet on 16 December 2024.

Decision:

Decision taken: Decision for the Executive Director of Finance & Resources to approve the final terms of the acquisition of mixed-use building in W1 as set out in the decision report.

 

Reason for Decision: The decision to purchase the property in W1 for temporary accommodation was made by Cabinet on 16 December 2024. The background and policy context to the Council’s temporary accommodation acquisitions programme is set out in the corresponding Cabinet paper. Cabinet delegated authority to the Executive Director of Finance & Resources to agree the final terms of the acquisition in consultation with the Cabinet Member for Finance & Council Reform.

 

Publication date: 17/02/2025

Date of decision: 17/02/2025

Accompanying Documents: