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Decision details

Purchase of Properties to add to Housing Stock

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Purchase of two small terraced houses currently on the open market in St Johns Close in Saffron Walden

Decision:

RESOLVED to approve the use of RTB receipts and HRA balances to purchase 3 properties on the open market.

Reasons for the decision:

To create additional stock within the Housing Revenue Account (HRA).

Alternative options considered:

None.

Report author: Roz Millership

Publication date: 18/10/2018

Date of decision: 16/10/2018

Decided at meeting: 16/10/2018 - Cabinet

Effective from: 26/10/2018

Accompanying Documents:

  • Purchase of properties on open market