Issue - meetings
Purchase of 20-23 Bridge Street, Banbury
Meeting: 12/07/2024 - Delegated Decisions by Cabinet Member for Finance (Item 20)
20 Purchase of 20-23 Bridge Street, Banbury 
PDF 249 KB
Forward Plan Ref: 2024/210
Contact:
Henry White, Operational Manager Property Strategy
Henry.white@oxfordshire.gov.uk
Report by Executive Director of Resources and Section 151 Officer (CMDF6)
The information in this case is exempt in that it falls within the
following prescribed categories:
3. Information relating to the financial or business affairs of any particular
person (including the authority holding that information)
and since it is considered that, in all the circumstances of the case,
the public interest in maintaining the exemption
outweighs the public interest in disclosing the information.
The annex containing exempt information
under the above paragraph is attached.
The Cabinet
Member is RECOMMENDED 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.
Additional documents:
- CMDF12072024 - Annex 1 - Purhcase of 20-23 Bridge Street, Banbury - EXEMPT , View reasons restricted (20/2)
Minutes:
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.