Decision details
Acquisition of up to 9 sub-Leasehold properties at the Signal Building, 89 - 93 Newington Causeway, SE1
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Decision Maker: Cabinet
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To seek authority to purchase up to 9 sub-Leasehold properties at the Signal Building, 89 – 93 Newington Causeway subject to the outcome of ongoing mediation and High Court action.
Decisions:
The report had not been circulated five clear days in advance of the meeting. The chair agreed to accept the item as urgent as the council wished to be in a position to enter in an unconditional settlement and to be clear that all necessary approvals had been obtained.
RESOLVED:
That the head of property be authorised to acquire the leasehold interests in Flats 2 - 7 and 9 - 11, 91 Newington Causeway, SE1 (the “Properties”) as part of settlement of High Court proceedings reference HC-2016-001745.
Report author: Alistair Huggett
Publication date: 21/06/2017
Date of decision: 20/06/2017
Decided at meeting: 20/06/2017 - Cabinet
Effective from: 29/06/2017
Accompanying Documents: