Issue - meetings
Purchase Of New Build Properties Under The Council's Acquisitions Policy
Meeting: 02/11/2017 - Cabinet (Item 64)
64 Purchase Of New Build Properties Under The Council's Acquisitions Policy 
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(Report of the Portfolio Holder for Regeneration and Portfolio Holder Housing Services)
Minutes:
Report of the Portfolio Holder for Regeneration and Portfolio Holder Housing Services to update Cabinet on the progress of new affordable housing delivery in Tamworth and to agree appropriate financial arrangements are in place to enable the purchase of 8 units of new build housing from Waterloo Housing Group for use as Council owned and managed accommodation.
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RESOLVED: |
That Cabinet
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1. |
Agreed that £750,000 be transferred from available budget intended for regeneration and new build activity to the acquisitions budget. This is to enable the purchase of 8 residential units for housing from Waterloo Housing Group in line with the Council’s Acquisitions Policy.
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2. |
Agreed that the Chief Operating Officer and Solicitor to the Council are delegated authority to enter into a contract with Waterloo Housing Group for the purchase of the 8 No dwellings as proposed above.
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3. |
Agreed to clarify financial position and report back to Cabinet
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(Moved by Councillor S Claymore and seconded by Councillor M Thurgood)
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