Decision details

1.            That the proposed 2020/21 Revenue & Capital Budgets, as set out in Appendices 1,2 & 3 of CAB3216 be noted, taking into account the budget options outlined in section 11.29 of CAB3216.

2.            That the Housing Revenue Account forecast for 2019/20 be approved, as outlined in Appendix 1 of CAB3216.

3.            That the Housing Capital Programme forecast for 2019/20 be approved, as outlined in Appendix 2 of CAB3216.

4.            That the New Build Capital Programme forecast for 2019/20 be approved, as outlined in Appendix 3 of CAB3216.

5.            That the Housing Revenue Account capital programme funding forecast for 2019/20 be approved, as detailed in Appendix 5 of CAB3216.

6.            That up to £3m of property acquisitions before March 2020 be approved, as outlined in section 11.42 and Exempt Appendix 6 of CAB3216;

a) Delegate to the Service Lead Legal, authority to negotiate and agree Heads of Terms to purchase the individual properties.

b) Delegate to the Service Lead Legal, authority to negotiate, prepare documentation and complete the necessary transactions in accordance within the agreed Heads of Terms for the purchase of the properties identified in Exempt Appendix 6 of Report CAB3216.

7.            That the sale of 1 Mews Lane, Winchester be approved, as outlined in sections 11.47- 11.48 of the Report CAB3216;

a) Delegate to Service Lead Legal, authority to negotiate and agree Heads of Terms for the sale of 1 Mews Lane, Winchester.

b) Delegate to the Service Lead Legal, authority to negotiate, prepare documentation and complete the transactions within the agreed Heads of Terms for the sale of 1 Mews Lane, Winchester.