Issue - meetings

Disposal of Property - Confirmation of Urgent Action

Meeting: 18/09/2018 - Cabinet (Item 33)

33 Disposal of Property - Confirmation of Urgent Action pdf icon PDF 52 KB

Report of the Strategic Director of Housing and Customer Services

Presented by the Housing Portfolio Holder

Minutes:

The Housing Portfolio Holder presented the report to Members.

 

He advised that due to historic structural movement the Council had been unable to re-let the property following the passing of the longstanding tenant and that following an evaluation it was agreed that the property should be disposed of. He stated that following a closed-bid process an offer of £73,900 was received and accepted.

 

It was moved by Councillor N J Rushton, seconded by Councillor T Gillard and

 

RESOLVED THAT:

 

The decision of the Chief Executive and the Leader of the Council to accept an offer of £73,900 for the freehold sale of 58 Ramscliffe Avenue, Donisthorpe be confirmed.

 

Reason for decision: The proposal to dispose of the property was in accordance with the HRA Disposal Policy, which was approved by Cabinet on 3 March 2015, to generate a capital receipt to meet the needs of the HRA Business Plan.