Issue - meetings
ACQUISITION OF LAND FOR CENTRAL STATION SITE DEVELOPMENT
Meeting: 20/07/2015 - Executive (Item 6.)
6. ACQUISITION OF LAND FOR CENTRAL STATION SITE DEVELOPMENT 
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Additional documents:
Decision:
The Executive agreed the recommendations as outlined above namely:
1. To approve the acquisition of Bonny Street Police station for £3,200,000.
2. To authorise the temporary Prudential Borrowing to fund this purchase.
3. To approve the granting of an appropriate tenancy of Bonny Street Police Station to Lancashire Constabulary.
4. To approve the granting of an appropriate legal agreement for the shared accommodation at Municipal Buildings.
5. To ring-fence the income from the two legal agreements outlined in 2.3 and 2.4 towards the associated of acquisition and the temporary Prudential Borrowing associated with this acquisition.
