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Opportunity to Bid
to Increase the Housing Revenue Account (HRA)
The Committee noted
that the former Executive Councillor for Housing had approved the delegation of
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 & 2016/17)
This decision was
required as the deadline for bids to the £300m fund was on 16 June 2014.
The Head of
Strategic Housing informed the Committee that he would be happy to arrange a
briefing in July post committee on the bid process.
***See
below for record of delegated Officer’s Decision***
CAMBRIDGE CITY COUNCIL
Officer Executive
Decision - Record
Please
return this form and any background papers to Democratic Services for adding to
the Council’s records of decision for publication.
Decision(s) taken: |
A bid was submitted to the
Local Growth Fund but was unsuccessful. |
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Decision of: |
Director of Customer and Community Services. |
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Date
of decision: |
20/05/15 |
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Matter for Decision: |
Delegation of 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
& 2016/17). |
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Any alternative options
considered and rejected:
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On further analysis of the bid criteria it was became clear that a
successful bid was not viable for the Council. |
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Reason(s) for the decision including any background papers
considered: |
Available on request. |
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Conflicts
of interest and dispensations granted by the Chief Executive: |
If you consider that
any councillor consulted when being asked to take a decision has a conflict
of interest, you should consult Simon Pugh, Head of Legal Services for advice
as a dispensation granted by the Chief Executive for the councillor may be
arranged. |
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Other
Comments: |
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Reference: |
14/17/HSC: Record of Urgent Decision: Opportunity to Bid to
Increase the Housing Revenue Account (HRA) |
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Contact
for further information: |
Alan Carter – Alan.Carter@cambridge.gov.uk
– 01223 457948 |