Decision details
Purchase of Section 106 Properties from Rippon Homes off Ball Hill - South Normanton
Decision Maker: Executive
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To recommend the purchase of 3 properties for
rent within the HRA.
Decisions:
Executive considered the report of the Portfolio Holder – Housing which recommended the purchase of 3 properties for rent within the Housing Revenue Account off Ball Hill, South Normanton.
Council approval for the inclusion of the scheme in the Capital Programme had been granted on 22nd July 2020.
RESOLVED – That –
(1) Executive note the contents of this report.
(2) Executive approve the purchase of the 3 properties from Rippon Homes off Ball Hill – South Normanton for the agreed price in paragraph 1.4 subject to SDLT and 10% contingency to include fees.
(3) The Director of Development be given delegated powers to enter into contract with Rippon Homes for the purchase of the properties. This includes the timescale for delivery and to agree the final purchase price and costs.
REASON FOR DECISION:
This proposal offered value for money, would meet local housing need and increase the Council’s housing stock.
OTHER OPTIONS CONSIDERED:
The option to not purchase the properties was rejected as the properties were to fulfil a housing need in the area. This housing mix best supported that identified housing need.
(Paragraph 3)
(Director of Development)
Reason Key: Capital Income or Expenditure of £150,000 or more;
Contact: Karl Apps, Joint Housing Strategy and Growth Manager Email: Karl.Apps@ne-derbyshire.gov.uk.
Publication date: 29/07/2020
Date of decision: 27/07/2020
Decided at meeting: 27/07/2020 - Executive
Effective from: 06/08/2020