The Chief Executive authorises the Strategic Property Lead to place bids at auction up to the value of £810,000, excluding fees and Stamp Duty Land Tax to purchase the property known as 113 High Street / 3 The Avenues, Newmarket.
That the purchase of the property should be funded from the Investing in Growth Agenda Fund.
The reporting of the use of the Chief Executive’s Urgency Powers has been provided to Council on 25 April 2018.