Following approval of a business case by the
Council's Property Appraisal Group ('PAG'), the purpose of the
report is to seek approval for the Authority to proceed with the
proposed purchase of the Freehold interest in Forge Industrial
Estate, Oldham.
Decision type: Key
Decision status: Recommendations Approved
Notice of proposed decision first published: 02/08/2019
Decision due: 2 Aug 2019 by Executive Director for Place & Economic Growth
Lead member: Cabinet Member - Business, Employment and Enterprise
Contact: Mark Prestwich, Development Officer 0161 770 1660, Email: mark.prestwich@oldham.gov.uk Email: Mark.Prestwich@oldham.gov.uk.
Consultation process
In accordance with the Commercial Property
Investment Strategy approved by Cabinet in December 2017, a
business case was presented and approved by the PAG on 24 July
2019.
The PAG was attended by the Director of Finance, the Director of
Legal Services, the Deputy Chief Executive People and Place and the
Leader of the Council.