Decision - Potential purchase opportunity of properties with restrictive covenant
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Decision details
Potential purchase opportunity of properties with restrictive covenant
Decision Maker: Housing & New Homes Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
Consideration of the purchase of these
properties based on an opportunity from a restrictive
covenant
Decision:
1) That the range of future options considered for these properties be noted.
2) That it be agreed to proceed with preferred Option 1 that the council negotiates with the current owners with the aim of exploring the possibility of purchasing and refurbishing the properties for council use, subject to a viable scheme.
3) That if a viable scheme is identified then a further report regarding the potential cost of this would be brought to Housing and New Homes committee for consideration, and then to Policy Resources and Growth Committee for a final decision.
Report author: Emma Kumar
Publication date: 15/03/2017
Date of decision: 15/03/2017
Decided at meeting: 15/03/2017 - Housing & New Homes Committee
Effective from: 23/03/2017
Accompanying Documents:
PDF 156 KB