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 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 site, for
the sum as shown in the Exempt Appendix 1 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 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 the solicitors required 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, Resources & Business
Improvement.
4.
That, post completion of the procurement process, to
employ the necessary consultants to progress the planning
application. To appoint a contractor to bring forward for approval
to this Committee a detailed project delivery and investment plan
(prior to the development itself commencing)
