Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
In line with the HRA Asset Management and Development Strategy it is recommended that plots of HRA land located at The Elms in Duton Hill and Hilltop Lane in Saffron Walden are sold on the open market subject to Outline Planning Permission being granted for both sites.
In accordance with the Housing Revenue Account Management and Development Strategy and subject to outline planning permission being granted for two sites, The Elms, Duton Hill, and Hilltop Lane, Saffron Walden:
1. That the identified sites be sold on the open market by way of sealed bids, with a guide price for offers as advised by the selling agent. The guide price will be set to maximise income to the Housing Revenue Account whilst maintaining competitiveness and interest in the plots.
2. That the receipt received is ring-fenced to fund the acquisition/development of new housing.
Report author: Roz Millership
Publication date: 04/04/2018
Date of decision: 04/04/2018
Decided at meeting: 04/04/2018 - Cabinet
Effective from: 13/04/2018
Accompanying Documents: