Decision details

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.