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
- 06/05/2014 - New Social Housing Down Sizing Opportunity
Agenda items
- 06/05/2014 - Executive New Social Housing Down Sizing Opportunity 06/05/2014
Documents
- Purchase of new homes for council housing at the former Pack of Cards pub, Acomb