RESOLVED that Cabinet –
(a) authorises, in principle, the terms of the freehold purchase of the property in Walton-on-the-Naze for inclusion into the Council’s housing stock;
(b) subject to its later decision on terms as set out in the related private and confidential report to be considered later in the meeting, authorises the Corporate Director (Operations and Delivery) to enter into a contract and transfer deed, in consultation with the Deputy Chief Executive, in order to complete the purchase of the Walton-on-the-Naze property;
(c) notes the contents of the Monitoring Officer’s report and, in response thereto, hereby formally approves the purchase of the residential property in Dovercourt for housing purposes; and
(d) acknowledges that internal control arrangements have been increased in order to ensure that such a transaction is not completed without the necessary approvals in place.