Issue details

Purchase of new homes for council housing at the former Pack of Cards Pub, Acomb

Purpose of Report: To outline the option to purchase an "off-the-shelf" development opportunity from a developer. The completed 14 apartments, built to Code for Sustainable Homes Level 4, would be bought through the HRA investment fund and Right to Buy receipts or HCA grant and added to the council housing stock for downsizing. The purchase price would be paid through staged payments during the build period.

Members are asked to approve the purchase of 14 apartments for used as council housing at the price identified in the report.

Decision type: Key

Reason Key: Cabinet Decision - a 'Key Issue' - decision leading to savings or expenditure of £500,000 or above;

Decision status: Decision Made

Wards affected: Holgate Ward;

Notice of proposed decision first published: 04/04/2014

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
This report contains an annex that may be considered in private as it contains Exempt Information as described in Paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972 (as amended) in that the information relates to the financial or business affairs of any particular person (including the authority holding that information).

Implication: Financial; Legal; Property;

Level of Risk: 04-08 Regular monitoring required;

Decision due: 06/05/14 by Executive

Lead member: Executive Leader (incorporating Housing & Safer Neighbourhoods))

Lead director: Director of Communities & Neighbourhoods

Department: Directorate of Communities & Neighbourhoods

Contact: Andy Kerr, Head of Regeneration & Economy 01904 554153, Email: andy.kerr@york.gov.uk Email: andy.kerr@york.gov.uk.

Consultation process

Contact Report Author

Consultees

Legal services, property services

Making Representations: Contact Report Author

Decisions

Agenda items

Documents

  • Purchase of new homes for council housing at the former Pack of Cards pub, Acomb  

 

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