Decision details

New acquisitions/buy backs for council housing (less exempt appendices)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

1.       That HRA capital expenditure of up to £0.680 m be approved for the purchase of 2 properties and associated costs as identified in the exempt appendix (as amended) to report CAB3468, using the HRA new build unallocated schemes budget, subject to each purchase demonstrating a positive net present value including cost of necessary works.

 

2.       That HRA capital expenditure of £ 0.680m be approved for the purchase of 2 properties yet to be identified using the HRA new build unallocated schemes budget, subject to each purchase demonstrating a positive net present value including cost of necessary works.

 

3.       That authority be delegated to the Corporate Head – Asset Management and the Strategic Director with the responsibility for housing to make offers for the unidentified properties and to complete purchase the 4 properties.

 

Reason Key: Expenditure > £250,000;

Wards Affected: (All Wards);

Contact: Karen Thorburn Email: kthorburn@winchester.gov.uk.

Report author: Karen Thorburn

Publication date: 16/07/2024

Date of decision: 16/07/2024

Decided at meeting: 16/07/2024 - Cabinet

Effective from: 24/07/2024

Accompanying Documents:

 

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