Decision details

Decision Maker: Assets Portfolio Holder

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

To initiate the Property Dealing Procedure in relation to the potential acquisition of a town centre site in Clacton-on-Sea, identified as part of the Levelling Up Partnership.

Reasons for the decision:

To facilitate further informed decisions on the valuation, and potential negotiations and other investigations on potentially acquiring the site.
To inform appraising the feasibility of the project as part of the wider Partnership funding programme, to ensure best use of the available funding for regeneration within Clacton-on-Sea town centre.

Alternative options considered:

To not initiate the Property Dealing Procedure.

Publication date: 18/11/2024

Date of decision: 18/11/2024

Effective from: 26/11/2024

Accompanying Documents: