Decision details

HRA Land Asset Management

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

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.

 

Decision:

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: