Purchase of seven affordable homes

June 8, 2023 Portfolio Holder for Community Development (Cabinet member) Key decision Approved View on council website
Full council record

Purpose

Purchase of seven S106 affordable homes in the
district, from a developer

Decision

To approve the business case and approve the
acquisition of 7 affordable homes within Holbeach, for the
HRA.

To delegate to the Assistant Director Strategic
Growth & Development, in consultation with Deputy Chief
Executive (Corporate Development) and S151, 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 documents and other
incidental actions that may be required, and approving the
associated due diligence and valuation required to purchase the
properties, and to identify this scheme as a named scheme in the
capital programme, in accordance with the approved
budget.

 

Supporting Documents

Purchase of seven affordable homes.pdf

Details

OutcomeRecommendations Approved
Decision date8 Jun 2023
Subject to call-inYes