RESOLVED: That
1.
The financial returns for the proposed acquisition
as shown in Exempt Appendix 3 to the report, be
approved.
2.
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 3 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.
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, Recourses & Business
Improvement.
4.
Post completion of the procurement process, to
appoint a contractor for the works cost detailed in the financial
summary Exempt Appendix 3 to the report. If in the event tenders
for the works cost are in excess of the agreed sum, then officers
will return to the Executive to seek further approval prior to the
development itself commencing.
