That:

(a)   the purchase of the freehold premises in the central ward, as detailed in appendix 1 is approved; subject to the chief finance officer being satisfied that appropriate heads of terms have been agreed, due diligence has been completed and the purchase provides value for money,

(b)   the director economy and place, in consultation with the cabinet member commissioning, procurement and assets, be authorised to complete the acquisition; and

(c)   the director economy and place be authorised to take all operational decisions necessary to appoint a fully managed management company.