Agenda item

Strategic Acquisition of Town Centre Site

Decision:

The Cabinet agreed the principle of the acquisition of the company owning the freehold of Nova House, 1 Buckingham Gardens for the protection of the safety and the interests of residents of Nova House.

Minutes:

The Cabinet agreed the principle of the acquisition of the company owning the freehold of Nova House, 1 Buckingham Gardens for the protection of the safety and the interests of residents of Nova House.

 

Nova House had failed the tests of ACM cladding instigated by the Government following the fire at Grenfell Tower on 14th June 2017 and further investigation had revealed other significant deficiencies with fire safety.  The Council had been working closely with the Royal Berkshire Fire & Rescue Service and had been in discussions with the current owners about the measures and remediation works required to the building.  There had a been a loss of confidence in the capacity of the current owners to take the necessary action.  It was agreed that the Council should take a proactive approach by approving delegated powers to acquire the freehold, subject to due diligence, and to undertake the works required in a properly planned manner.