Decision details
PROPERTY ACQUISITION & DEVELOPMENT STRATEGY
Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Decision:
RECOMMENDED TO COUNCIL: That the Property Acquisition & Development Strategy, including Appendices be approved
.
REASONS FOR DECISION:
(1) To give effect to the Property Acquisition & Development Strategy so NHDC has in place a clear basis for pursuing property opportunities that are for the purposes of its functions or the benefit, improvement or development of its area.
(2) To put in place a framework of robust and practical guiding principles that apply governance and rigorous appraisal to property acquisition and development decisions by NHDC, in order to safeguard the necessary capital expenditure and taxpayers’ resources.
Report author: Christopher Robson
Publication date: 02/02/2020
Date of decision: 28/01/2020
Decided at meeting: 28/01/2020 - Cabinet
Accompanying Documents:
- Property Acquisition & Development Strategy
PDF 106 KB - Appendix A - Property Acquisition & Development Strategy
PDF 431 KB - Appendix B - Property Scrutiny Group (PSG): Terms of Reference.
PDF 305 KB - Appendix C - Asset Criteria
PDF 326 KB - Appendix D - Scoring Matrix.
PDF 270 KB - Appendix E - Statutory Powers & Provisions
PDF 285 KB