URL: https://www.fenland.gov.uk/localgov/ieDecisionDetails.aspx?ID=1029

Decision Maker: Assistant Director

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose:

Content: Following cabinet approval on 15th November 2024 which authorised approval to purchase 10 x 1-bedroom properties utilising £1.2 million from reserves.   This officer decision notice is to record the decision to complete the purchase of a 1-bedroom flat at 34 Heron Way, Benwick, March PE15 0UA at a purchase price of £90,000.   I am permitting that we buy this property for the purchase price of £90,000 for the following reasons:   ·         I have looked at the documentation supplied as part of the sale, including: o   Valuation Report o   Solicitor’s Report o   Form of contract and transfer ·         I am satisfied that the purchase falls within the remit of what cabinet approved, including: o   It is within the financial threshold of the confidential appendix o   The location of the property o   The view of the Investment Board   N/A

Date of Decision: September 24, 2025