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Issue

Issue - meetings

Disposal of Property - Confirmation of urgent action

 

 

Meeting: 14/11/2018 - Cabinet (Item 50)

50 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 reminded Members that they had previously considered the disposal of the property in September, however, prior to the exchange of contracts, the original purchaser reduced their offer significantly and the decision was made to re-advertise the property. He advised that a new offer was received which was considered reasonable, and Cabinet was being asked to confirm the action that had been taken.

 

It was moved by Councillor R D Bayliss, seconded by Councillor N Rushton and

 

RESOLVED THAT:

 

The decision of the Strategic Director of Housing and Customer Services (acting as Chief Executive) and the Leader of the Council to accept an offer of £65,000 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.