Land Transfer, Bowbridge Road - General Fund to Housing Revenue Account

September 9, 2025 Approved View on council website
Full council record

Decision

AGREED    
that Cabinet approve to appropriate the land at Bowbridge Road,
Newark from the GF to the HRA at the current value of
£326,400 with subsequent CFR adjustment of £224,976 and
Capital Receipt transfer of £101,424 to enable construction
of HRA properties to support the local housing need and meet the
Council’s business plan objectives. 

Related Meeting

Cabinet - Tuesday, 9th September, 2025 6.00 pm on September 9, 2025

Supporting Documents

09.09.25 - Land Transfer - Bowbridge Road - Apendix 1.pdf
09.09.25 - Land Transfer - Bowbridge Road.pdf

Details

OutcomeRecommendations Approved
Decision date9 Sep 2025