Issue - meetings

To approve the terms for the acquisition of the freehold interest in 66 & 68 Ambergate Street, SE17 and the payment of compensation to the existing secure tenants for home loss and disturbance, along with statutory costs.

RESOLVED:

1.  That the terms outlined in the report for the acquisition of the freehold interest in 66 & 68 Ambergate Street, SE17 (“the Property”) plus the payment of compensation to the existing secure tenants for home loss and disturbance, along with statutory costs be approved.

2.  That once acquired and full vacant possession has been achieved, the head of property be authorised to market for sale the council’s unencumbered freehold interest in the property. The results of this marketing exercise to be brought to cabinet for approval and further recommendation.