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 icon PDF 249 KB

Cabinet Member: Finance

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 annexcontaining 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:

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.