(i) To negotiate and acquire by agreement any legal interests in the properties listed at Confidential Appendix 2 and not held by the Council
(ii) To delegate authority to Head of Property and Procurement to negotiate final terms and to undertake such ancillary action as necessary in order to exchange contracts for the purchase of the property with vacant possession
(iii) To authorise the Solicitor to the Council to enter into any legal documentation necessary in respect of the purchase and any ancillary action to facilitate the purchase.
(iv) To hold the acquired properties within the Housing Revenue Account pending future estate regeneration.
(v) To reduce the uncommitted provision in the 2012/2013 HRA capital programme for “Future Estate Regeneration schemes” by the sum specified in Confidential Appendix 1 and to add a scheme to the 2010/2011 HRA capital programme for the “Acquisition of properties” for the same value
(vi) To approve, in accordance with Finance Procedure Rules, expenditure in 2010/2011 in the sum set out in the Confidential Appendix 1 for the acquisition of properties.