1. That, in addition to the approval to acquire properties set out in CAB3216, that approval be given to allow the substitution of alternative properties, subject to consultation with the Cabinet Member for Housing and Asset Management, that any alternative properties meet the Council’s viability tests and that the overall value of purchases by the end of March 2020 does not exceed the £3m allocated for this purpose.
2. That authority be delegated to the Service Lead Legal to negotiate, prepare documentation and complete the necessary transactions in accordance within the agreed Heads of Terms for the purchase of the properties identified in CAB3216 and for any substituted properties.