1. To approve the business case and approve the acquisition of 12 affordable homes within Surfleet, for the HRA.
2. To delegate to the Assistant Director of Strategic Growth & Development to agree the contractual matters (including the 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.
3. To delegate authority to Assistant Director of Strategic Growth & Development to agree the value of shared ownership properties at initial sale, resale, and acquisition of additional shares, for this site and shared ownership properties on other sites.
4. To reprofile the approved HRA capital programme to show this scheme as a named project and amend the budget line for ‘schemes subject to detailed approval’ accordingly.