Decision

1.      
That HRA capital expenditure of up to £0.680 m
be approved for the purchase of 2 properties and associated costs
as identified in the exempt appendix (as amended) to report
CAB3468, using the HRA new build unallocated schemes budget,
subject to each purchase demonstrating a positive net present value
including cost of necessary works.
 
2.      
That HRA capital expenditure of £ 0.680m be
approved for the purchase of 2 properties yet to be
identified using the HRA new build
unallocated schemes budget, subject to each purchase demonstrating
a positive net present value including cost of necessary
works.
 
3.      
That authority be delegated to the Corporate Head
– Asset Management and the Strategic Director with the
responsibility for housing to make offers for the unidentified
properties and to complete purchase the 4 properties.