Decision type: Key
Decision status: For Determination
Notice of proposed decision first published: 31/08/2017
This decision will be taken under urgency procedures.
Reason for urgency:
The item could not be included on the 28 Day Notice because Heads of Terms have been agreed with the vendor and a condition of the sale is an exchange within 15 working days of receipt of full legal pack, with completion 5 days thereafter.
Anticipated restriction: Part exempt - View reasons
Explanation of anticipated restriction:
It is not in the public interest to disclose this information because the decision contains information relating to the financial business affairs of the proposed seller and the Council. Disclosure of negotiations between seller and the Council relating to the proposed purchase price at this pre contract stage could adversely affect the Council's position with the seller. Additionally, disclosure of the Council's appraisal of the property could have similar adverse affects.
Decision due: Not before 8th Sep 2017 by Leader of the Council
Lead member: Leader of the Council
Lead director: Deputy Chief Executive/ Corporate Director for Development and Growth
Department: Development and Growth
Contact: David Powell, Senior Estates Surveyor Email: david.powell@nottinghamcity.gov.uk Tel: 0115 8763914.