Decision Details

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This section allows you to view the general details of a Decision

Details

Status:
Implemented
Title:
Property Acquisition of 9 Colmore Row, Birmingham, B3 2JB
Include item on Forward Plan
Yes
Is Key Decision
No
Item Contains Exempt/Private Reports
No
Reference:
010107/2022
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Strategic Director for Place, Prosperity and Sustainability
Implementation Date (not before meeting on)
Tue 28 Jun 2022
Purpose
To obtain approval for the property acquisition.
Key Portfolio
Leader
Decision Maker
Chief Officer Decision Maker
Reason For Key Decision
Acquisition in excess of £1m
Relevant Documents

? Property Strategy (Approved by Full Cabinet, November 2018)
? Property Investment Strategy (Approved by Full Cabinet, July 2019)

 

Decision Type:
Committee
Decision Maker:
Cabinet
Directorate
Inclusive Growth
Other Information
Private Reason
Decision Outcome

On 28 June 2022, Cabinet:-

(i)       Agreed to purchase the long leasehold interest of the office building known as 9 Colmore Row;

(ii)      authorised the Assistant Director of Property to agree the purchase of the two 9 Colmore Row long leasehold interests dated January 2983 (WM371843 and WM371841);

(iii)     authorised the City Solicitor to negotiate, execute and complete all necessary legal documents to give effect to the purchase.

THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 4 JULY 2022.

Would the recommended decision be contrary to the budget and policy framework:
No
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

Ladywood

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

Economy and Skills Overview and Scrutiny Committee
Resources Overview and Scrutiny Committee

This section allows you to view the reports for the Decision.

Reports

  1. pdf Cabinet Report - Aquisition of 9 Colmore Row (98Kb)
    1. pdf Appendix 5 - EQUA888 (717Kb)
    2. pdf Exempt Appendix 1 - Plan and Partics - 9 Colmore Row - Private Report
    3. pdf Exempt Appendix 2 - Decision Matrix - 9 Colmore Row - Private Report
    4. pdf Exempt Appendix 3 - Valuation - 9 Colmore Row - Private Report
    5. pdf Exempt Appendix 4 - Financial - 9 Colmore Row - Private Report

This section displays the history of the Decision.

Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
12
 Page 1 of 2, items 1 to 10 of 20.
21/03/2022 14:30:02Wendy HillBusiness Item Created 
21/03/2022 14:30:02Wendy HillCommittee AddedCabinet
21/03/2022 14:30:02Wendy HillMeeting Added17/05/2022 10:00AM
21/03/2022 14:30:37Wendy HillWard AddedLadywood
21/03/2022 14:31:14Wendy HillContacts Edited 
21/03/2022 14:31:35Wendy HillOS Committee AddedEconomy and Skills Overview and Scrutiny Committee
21/03/2022 14:31:35Wendy HillOS Committee AddedResources Overview and Scrutiny Committee
21/03/2022 14:36:27Wendy HillStatus ChangedDecision Proposed [2]
31/03/2022 19:01:07Wendy HillGeneral Details Edited 
31/03/2022 19:28:28Wendy HillGeneral Details Edited 

Approval/Comments

No history found.