Minutes:
Pursuant to Cabinet Minute No. 16, Kier Asset Management and the Housing Service Manager – Business Planning and Strategy submitted a report to seek Council approval of the proposed scheme budget for the Linacre Road site, Ashgate.
RESOLVED –
(1) That the allocation of a preliminary budget of up to a maximum of £100,000 be approved to bring the Linacre Road, Ashgate site forward for sale/development on the terms set out in the report.
(2) That any costs attributable to bringing forward the site be split on a pro-rata basis between the respective Housing Revenue Account and General Fund ownerships. As such, the provisional budget will be split £33,500 from the Housing Revenue Account and £66,500 from the General Fund.