Decision details

Purchase of 33 Farm Close under Strategic Acquisitions Policy

Decision Maker: Assistant Director - Housing

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The Council has been offered the property 33 Farm Close under the Right-of-First Refusal. The property is a two bedroom house.
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.

Decision:

To purchase 33 Farm Close under the Strategic Acquisitions Policy

Alternative options considered:

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: james.crouch@chesterfield.gov.uk Tel: 01246 345150.

Publication date: 09/09/2019

Date of decision: 09/09/2019