Decision details
Transfer of 10 flats purchased under the Temporary Accommodation purchase scheme from the General Fund into Housing Revenue Account
Decision Maker: Council
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
This reports seek to to receive authority for
the Housing Revenue Account to acquire 10 (of the 20) flats due to
be purchased by the General Fund at Great Western Park, Didcot in
September 2017.
Decisions:
Council considered a report from theHead of Housing Services asking for suitable budgetary provision for the Housing Revenue Account to acquire 10 flats due to be purchased by the General Fund at Great Western Park, Didcot in September 2017 for use as social housing (previously submitted to the City Executive Board meeting on 19 September 2017).
Councillor Rowley, Board Member for Housing, presented the report and moved the recommendations.
Council resolved to approve the introduction of an additional 2017/18 HRA capital budget, namely £2.362m, funded by HRA borrowing for “Property Acquisitions”, in order to transfer 10 units from the General Fund into the HRA.
Publication date: 02/10/2017
Date of decision: 02/10/2017
Decided at meeting: 02/10/2017 - Council
Accompanying Documents:
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