Issue - meetings

Report of Head of Regeneration and Housing

Summary

To recommend next steps towards the acquisition of Graven Hill Executive and to provide an update on the progress being made with the acquisition of Graven Hill.

Recommendations

The Executive is recommended to:

(1)          Propose to Council to add the acquisition and redevelopment of Graven Hill and prudential borrowing into the Policy Framework and make available the capital sums required as part of the budget.

Resolved

(1)          That Full Council be recommended to add the acquisition and redevelopment of Graven Hill and prudential borrowing into the Policy Framework and make available the capital sums required as part of the budget. 

The Head of Regeneration and Housing submitted a report which sought consideration of the next steps towards the acquisition of Graven Hill Executive and provided an update on the progress being made with the acquisition of Graven Hill.

Resolved

(1)          That Full Council be recommended to add the acquisition and redevelopment of Graven Hill and prudential borrowing into the Policy Framework and make available the capital sums required as part of the budget. 

Reasons

To ensure that the Council is following correct procedures in making key decisions

Options

Option One: To approve the recommendation

Option Two: To reject the recommendation