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 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.