Decision details

Purchase of 20-23 Bridge Street, Banbury

Decision Maker: Delegated Decisions by Cabinet Member for Finance

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To seek approval that we can proceed with the purchase of 20-23 Bridge Street for the purposes of the new Banbury Library and other OCC uses

Decisions:

The Chair introduced the item to the meeting.

 

The Chair stated the scheme was long overdue and highlighted the opportunities to work with Cherwell District Council.

 

The Chair thanked officers and agreed to the recommendations in the report.

 

RESOLVED to:

 

a) Approve as a key decision the purchase of a property in Banbury Town Centre for the purposes of re-providing Banbury Library and other Oxfordshire County Council (OCC) uses.

 

b) Delegate authority to the Executive Director of Resources and Section 151 Officer, in consultation with the Director of Property and Assets; Director of Law & Governance and Monitoring Officer; and the Cabinet Member for Finance to consider Officer recommendations and agree the final purchase price and terms.

Report author: Michael Smedley

Publication date: 17/07/2024

Date of decision: 12/07/2024

Decided at meeting: 12/07/2024 - Delegated Decisions by Cabinet Member for Finance

Effective from: 20/07/2024

Accompanying Documents: