Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The Cabinet will be asked to agree to the establishment of a £2.5m budget to enable the purchase of a mix of existing housing and also agreement to purchase these properties both within and outside of the Borough for the Council Housing Revenue Account (HRA)
Cabinet agreed:
(i) To
pursue the purchase of appropriate private market homes within the
Borough within the programme of £2.5m
(ii) To explore the
options in 4.2 – 4.5 and note that a package of potential
purchase or development opportunities in the selected area will be
presented to a future Cabinet meeting for consideration.
(iii) To delegate authority to the Corporate Director of Housing and Environment in consultation with the Divisional Director of Finance, the Head of Legal and Democratic Services and the Cabinet Member for Housing and on advice from the Council’s Property Advisory Group to agree to terms and enter into all necessary legal documentation for purchasing properties under recommendations 1 above.
Report author: Ken Jones
Publication date: 20/03/2013
Date of decision: 19/03/2013
Decided at meeting: 19/03/2013 - Cabinet
Effective from: 28/03/2013
Accompanying Documents: