Acquisition of affordable homes at Hazeley Road, Twyford
Decision:
- Approve the allocation and
expenditure of the sum set out in paragraph 2.1 of exempt report
CAB3477 of the New Build Unallocated Capital Budget to purchase
land and 10 new affordable properties at Land North of Hazeley
Road, Twyford.
- Authorise the Corporate Head of
Asset Management to negotiate and agree the terms and conditions
for the purchase by WCC of land and subsequent completion and
handover of 10 completed homes on that land subject to planning
consent being granted.
- Authorise the Corporate Head of
Asset Management in consultation with the Section 151 Officer, to
enter into a land agreement and a build agreement to acquire land
and the 10 homes to then be built on that land from Alfred Homes
Ltd. for the purchase price set out in paragraph 2.1 of the exempt
report.
- Authorise the Corporate Head of
Asset Management to enter into any planning and/or legal agreements
required to purchase the 10 completed homes.
- Approve an exception to the
council’s Contract Procedure Rules in accordance with
paragraph 50.1(g) to enable the purchase of the 10 completed
homes.