Decision Maker: Assistant Director - Housing
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The Council has been offered the property 33
Farm Close under the Right-of-First Refusal. The property is a two
After the offer was made the Council surveyed the property and had it valued. An offer of £89,000 was made and subsequently accepted by the Vendor.
The purchase is being paid for through the acquisitions budget in the Housing Capital Programme. The budget for 2019.20 is £450,000. This will be the first expenditure under that budget.
To purchase 33 Farm Close under the Strategic
Option 1 - To purchase 33 Farm Close under the
Strategic Acquisitions Policy
Option 2 - To decline 33 Farm Close and seek alternative properties to purchase under the Strategic Acquisitions Policy
Reason Key: Decision to dispose or acquire any interest in land or buildings with a value of £50,000 or more;
Contact: James Crouch 01246 345150 Email: email@example.com Tel: 01246 345150.
Publication date: 09/09/2019
Date of decision: 09/09/2019