Issue - meetings

Potential Purchase of Former Chaseview Care Home, Dagenham Road, Rush Green, Romford

Meeting: 19/12/2023 - Cabinet (Item 69)

69 Urgent Action - Potential Acquisition of the former Chaseview Care Home, Dagenham Road, Rush Green, Romford pdf icon PDF 68 KB

Appendix A to the report is exempt from publication as it contains commercially confidential information (exempt under paragraph 3, Part 1, Schedule 12A of the Local Government Act 1972 (as amended)).

Additional documents:

Minutes:

The Cabinet Member for Finance, Growth and Core Services introduced a report on Urgent Action taken by the Chief Executive on 30 November 2023 which enabled the Council to submit a bid to purchase the former Chaseview Care Home.  The Cabinet Member also advised on the current position regarding the Council’s bid.

 

Cabinet resolved to:

 

(i)  Note the action taken by the Chief Executive, in accordance with the Urgent Action procedures set out in Part 2, Chapter 16, paragraph 4 of the Council Constitution, in relation to:

 

(a)  Agreeing that Be First, on behalf of the Council, submit a bid as set out in Appendix 2 to the attached report for the acquisition of the former Chaseview Care Home;

 

(b)  Delegate authority to the Strategic Director, Resources, in consultation with the Cabinet Member for Finance, Growth and Core Services, the Strategic Director, Inclusive Growth and the Head of Legal, to submit a best and final bid should the Council be successful in the initial bid round;

 

(c)  Note that the final bid would be subject to further refinement of the modelling and financial assumptions along with better profiling of the delivery plan to take into account legal, procurement and planning timelines; and

 

(d)  Delegate authority to the Strategic Director, Resources, in consultation with the Cabinet Member for Finance, Growth and Core Services and the Head of Legal, to complete the necessary documentation to acquire the site should the Council’s bid be successful.

 

(ii)  Note that subsequent to the submission of the Council’s bid, confirmation had been received that HC One had received higher bids from established care home providers and was currently considering the detail of those bids.