Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: November 18, 2024

Purpose: To consider a proposal for the HRA to proceed with the acquisition of the freehold of 10 flats forming Rigby Lodge, 1 Aldborough Spur, Slough.

Content: (a)  Agreed to the acquisition of the freehold of 1-10 Rigby Lodge, 1 Aldborough Spur, Slough, SL1 3EW.   (b)  Delegated authority to the Executive Director of Regeneration, Housing & Environment, in consultation with the Lead Member for Financial Oversight and Council Assets and the Executive Director of Finance and Commercial, to negotiate the terms of and enter into the contract and any associated documentation in connection with the acquisition of the asset, subject to this being consistent with the assumptions in this report.