Issue

Issue details

Disposal of Property - Confirmation of urgent action

To seek Cabinet confirmation of a decision taken by the Chief Executive and Leader under the urgency provisions within the HRA Disposal Policy to accept an offer of £210,000 for 26 The Pinfold Newton Burgoland . The disposal 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.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 17/05/2019

Anticipated restriction: Public  -

Explanation of anticipated restriction:
Although the value of the transaction exceeds the threshold for a Key Decision, this report only seeks to advise Cabinet of the decision already taken under urgency powers.

Decision due: 18 Jun 2019 by Cabinet

Lead member: Councillor Roger Bayliss, Housing, Property and Customer Services Portfolio Holder roger.bayliss@nwleicestershire.gov.uk

Lead director: Strategic Director of Communities

Contact: Chris Lambert, Head of Housing Email: chris.lambert@nwleicestershire.gov.uk Tel: 01530 454780.

Consultees

None

List of Background Papers: Report to Cabinet 3 March 2015 – HRA Disposals Policy Report to Cabinet 19 April 2019 - HRA Stock Acquisitions and Disposals

Agenda items

Documents

  • Disposal of Property - Confirmation of urgent action  

Background papers

  • Report