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Record of Executive
Decision
Opportunity to Bid to Increase the Housing
Revenue Account (HRA) |
Decision
of: |
Councillor Smart, Executive
Councillor for Housing |
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Reference: |
14/URGENCY/COM/2 |
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Date
of decision: |
25.04.14 |
Recorded
on: |
25.04.14 |
Decision
Type: |
Key
Decision |
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Matter for Decision: |
Delegated
authority to the Director of Customer and Community Services to agree a bid
under the Local Growth Fund : Housing Revenue Account Borrowing Programme
(2015.16 and 2016.17) |
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Why the decision had to be made (and any alternative options):
|
The deadline for
bids to the £300m Fund is 16 June 2014. In view of the timescales around this
opportunity the Urgent Decision is requested. |
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The Executive
Councillor’s decision(s): |
Approved that
delegated authority be given to the Director of Customer and Community
Services to agree a bid under the Local Growth Fund : Housing Revenue Account
Borrowing Programme (2015.16 and 2016.17), subject to consultation with the
Executive Councillor for Housing; the Chair of the Customer and Community
Services Scrutiny Committee and Opposition Spokespersons. |
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Reasons for the decision: |
The deadline for
bids to the £300m Fund is 16 June 2014. |
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Scrutiny consideration: |
The Chair and Spokesperson of Community
Services Scrutiny Committee were consulted prior to the action being
authorised.
|
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Report: |
A report detailing the background and
financial considerations is attached.
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Conflicts of
interest: |
None |
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Comments: |
The Chair and
Spokes were consulted prior to the decision being made and made no comment. |