Issue - meetings

New acquisitions/buy backs for council housing

Meeting: 16/07/2024 - Cabinet (Item 10.)

10. New acquisitions/buy backs for council housing (less exempt appendices) pdf icon PDF 101 KB

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.

 


 

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