Decision details

Decision details

Purchase of Property for Temporary Accommodation

Decision Maker: Head of Housing Services

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

This acquisition forms part of the project approved by CEB in December 2016 entitled Homeless Accommodation Property Investment and Retained Right to Buy Capital Receipts Qualifying Expenditure

Decision:

A property was purchased in Bicester, OX26 4XN for a price of £233,000 to provide temporary housing for families in need.

Alternative options considered:

Option 1 - Purchase the property
Option 2 - Do not purchase the property

Publication date: 07/04/2017

Date of decision: 27/03/2017