Proposed purchase of a 134-unit City Centre Building
March 3, 2025 City Mayor (Individual Decision) (Cabinet member) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to approve the acquisition of the 134-unit YoHo building in the city centre, as detailed in confidential Appendix A, to be financed from the existing £45m property acquisition budget.
Full council record
Purpose
To seek approval to acquire a 134-unit city
centre building.
Decision
Please
Note: This decision was Called-In
under Rule 12 of Part 4D of the Council’s Constitution.
The Call-In was considered by the Overview Select Committee at its
meeting on 19 March 2025 where it was withdrawn by resolution of
the Committee in accordance with Rule 12 (g) of Part 4D of the
Council’s Constitution. The original decision taken on
3 March 2025 is, therefore, deemed to be revived in its
entirety.
To approve the
acquisition of the YoHo building as agreed in the confidential
Appendix A. To be financed from the £45m budget approved by
Full Council on 21st March 2024 for property
acquisitions into the General Fund.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 3 Mar 2025 |
| Subject to call-in | Yes |