Purpose

Purchase of an ex-council owned bungalow.

Content

Having considered the comments
of the Landlord Services Advisory Board (Executive Working Group),
the Executive Co-Portfolio Holder for Housing, Cllr Paul
Rivers,
 
RESOLVED to,
 

1.         approved
the principle of the buy back on the terms set out in the report,
and the use of the Buy Back reserve for this , together with any
related professional costs and Stamp Duty Land Tax, and further
approves the property being appropriated for Housing Purposes as
part of the Housing Revenue Account.

 

2.        
delegates authority to the Executive Head of Housing Services to
approve the final terms of the purchase.

 

3.        
delegates authority to the Executive Head of Legal and Democratic
Services to approve the final form of wording of any legal
agreements related to the purchase.

 
Reason: to support the
Council’s ability to meet housing needs in the borough.
 

Overview & Scrutiny Committee - Resources