Issue - decisions

Acquisition project to purchase s106 units in Surfleet

28/04/2021 - Acquisition of S106 affordable housing for the Housing Revenue Account

DECISION:

 

a)    To approve the business case and approve the acquisition of eight homes within Surfleet for the HRA;

 

b)    To delegate to the Executive Director – Commercialisation (S151) to agree the contractual matters (including any terms and conditions which may represent a minor variation to the scheme approved in the business case) such as signing the contract/transfer document and other incidental actions that may be required and approving the associated due diligence and valuation required to purchase the properties;

 

RECOMMENDED TO COUNCIL:

 

c)      To amend the Capital Programme to identify the project as an approved scheme in the 2021/22 Budget.