Decision details
Purchasing affordable homes - acquisition of two properties under the Refugee Housing Programme
PDF 128 KBDecision Maker: Strategic Director of the Economy Department
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
This decision relates to the acquisition of
two properties under the Refugee Housing Programme.
Decision:
That the Strategic Director for Economy, in consultation with the Strategic Director of Finance:
- Notes that appendices one and two are not for publication on the basis that they contain information relating to the financial or business affairs of any particular person (including the authority holding that information) as set out in paragraph 3 of Schedule 12A of the Local Government Act 1972 (as amended).
- Approves the decision to acquire the Properties and the associated expenditure outlined in exempt appendices one and two against the existing approved RHP capital budget of £16,800,000 and transfer deed for the purchase of the Properties
- Approves the decision to enter into the contract for sale and transfer deed for the purchase of the Properties.
Reasons for the decision:
This decision requests authority to purchase the properties described above under the RHP. The leader’s urgency decision approved in July 2023 established a capital budget for this programme, and confirmed that individual acquisitions would be subject to distinct decision reports to be approved by the Strategic Director for Economy in consultation with the Strategic Director of Finance.
Alternative options considered:
As described in the report.
Publication date: 18/04/2024
Date of decision: 15/04/2024
Effective from: 24/04/2024
Accompanying Documents: