Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The Cabinet will be asked to consider the proposed purchase of the Maritime House office block as a long term regeneration site.
Cabinet resolved to:
(i) Approve the purchase of the Maritime House site, Linton Road, Barking, as shown edged red in the plan at Appendix 2 to the report, in accordance with the draft Heads of Terms set out in Appendix 3 to the report;
(ii) Authorise the Strategic Director, Finance & Investment, in consultation with the Chief Legal Officer, to enter into all necessary legal documents to finalise the transaction in accordance with the draft Heads of Terms.
Report author: Jonathan Langham
Publication date: 21/09/2022
Date of decision: 20/09/2022
Decided at meeting: 20/09/2022 - Cabinet
Effective from: 29/09/2022
Accompanying Documents: