Purchase of new homes in Surfleet

May 21, 2024 Portfolio Holder for Strategic and Operational Housing (Cabinet member) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to approve the business case and acquisition of 9 affordable homes in Surfleet for the Housing Revenue Account (HRA), delegating contractual matters and due diligence to the Assistant Director Strategic Growth & Development.

Full council record

Purpose

To purchase 9 S106 affordable homes, from a
developer

Decision

1.     
To approve the business case and approve the
acquisition of 9 affordable homes within Surfleet, for the
HRA.

2.     
To
delegate to the Assistant Director 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.
 

Supporting Documents

Purchase of new homes in Surfleet.pdf

Details

OutcomeRecommendations Approved
Decision date21 May 2024
Subject to call-inYes