At its meeting on 9 March 2017, CEB delegated authority to the Chief Executive, having notified in advance the Board Members for Finance, Asset Management and Public Health, and Housing, to approve any property purchases over £500,000 for the Homeless Accommodation Property Investment project.

The Executive Director for City Regeneration and Housing submitted a report which requested officer delegation for property purchases over £500,000 for the Homeless Accommodation property investment project which would otherwise require City Executive Board approval for each transaction.

Councillor Turner, Board Member for Finance, Asset Management and Public Health presented the report.

The City Executive Board resolved to:

1.            Delegate authority to the Chief Executive, having notified in advance the Board Members for Finance, Asset Management and Public Health, and Housing, to approve any property purchases over £500,000 for the Homeless Accommodation Property Investment project.