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31 Acquisition of Market Housing on 146 Programme Development Sites PDF 47 KB
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Minutes:
The Committee noted that the Executive
Councillor for Housing had approved the acquisition of
13 market housing on 146 Programme Development Sites, Atkins Close, Colville
Road and Wadloes Road
This decision was required as the Council’s Acquisition
and Disposals policy stipulates that such decisions will be made by urgent
decision as this allows for Officers to gather the required information and
costs to then present a paper, which will provide a decision before that
information and those costs become out dated. The housing market could change
significantly in a month therefore being able to agree a price at a certain
point in time is paramount to agreeing to purchase properties. Agreeing to the
price for these properties was vital to the agreement with Keepmoat
and the ability to start the legal process to purchase these properties
The Executive Councillor
i. Approved the purchase of 4 market dwellings on the Atkins Close (garage
re-development) site at an estimated cost of £1,106,400.
ii. Approved the purchase of 6 market dwellings on the Colville Road
(re-development) site at an estimated cost of £1,051,350.
iii. Approved the purchase of 3 market dwellings on the Wadloes
Road (vacant housing land) site at an estimated cost of £736,500.
iv. Gave delegated authority to the Director of Customer & Community
Services to enter into a build contract with Keepmoat
for the delivery of dwellings on the Wadloes Road
site should this be deemed appropriate.
Conflicts of Interest
Declared by the Executive Councillor (and any Dispensations Granted)
No conflicts of
interest were declared by the Executive Councillor.