1.
That the financial returns for the proposed
acquisition as shown in Exempt Appendix 2 of the report, which
supports the Housing Development and Regeneration Investment Plan
and overall Development Strategy, be approved.
2.
That the Director of Finance, Resources and Business
Improvement be granted delegated authority to:
a)
Negotiate terms for the purchase of the proposed
acquisition for the sum as shown in the Exempt Appendix 2 of this
report.
b)
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 consultants and
Contractor.
c)
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.
3.
That the Head of Mid Kent Legal Services be
authorised to appoint Solicitors to negotiate and complete the
necessary contract documentation, deeds and agreements associated
with the purchase and construction works on the terms as agreed by
the Director of Finance, Recourses & Business
Improvement.
4.
That, post completion of the procurement process to
appoint a contractor, to bring forward for approval a detailed
project delivery and investment plan (prior to the development
itself commencing).
