1.
That the financial returns for the proposed
acquisition as shown in Appendix 1, which is part 2 of the report,
which support the Housing Development and Regeneration Investment
Plan and the overall Development Strategy, are approved;
2.
That the site acquisition in line with 2.6 of the
report is approved;
3.
That the Director of Finance and Business
Improvement is granted delegated authority to:
3.1
negotiate terms for the purchase of the proposed
acquisition for the sum as referred to in the Part 2 report,
subject to the site securing planning consent;
3.2
Procure and enter into
all such deeds, agreements, contracts and documents which may be
required to facilitate the purchase of the site, and the subsequent
redevelopment works required to deliver the scheme referred to in
this report. Including (but not limited to) any related
appointments such as a suitably qualified Employers Agent and
Contractor; and
3.3
Subject to satisfactory conclusion of all due
diligence to negotiate and finalise and complete all legal
formalities, deeds and agreements which may be required to
facilitate the purchase;
4.
That the Head of Mid Kent Legal Services is
authorised to appoint the solicitors required to negotiate and
complete the necessary contract documentation, deeds and agreements
associated with the purchase of the site and the procurement and
appointment of contractors and consultants on the terms as agreed
by the Director of Finance & Business Improvement;
and
5.
Post completion of the procurement process a
contractor be appointed to bring forward for approval a detailed
project delivery and investment plan (prior to the development
itself commencing).
