URL: https://www.fenland.gov.uk/localgov/ieDecisionDetails.aspx?ID=1137

Decision Maker: Assistant Director

Outcome: Recommendations Approved

Is Key Decision?: Yes

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 16 Church Mews, Wisbech, PE13 1HL for £65,000. I am permitting that we buy this property for the purchase price of £65,000 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 thresholds of the confidential appendix. o   The location of the property o   The view of Investment Board   N/A

Date of Decision: May 12, 2026