Decision details
Sale of 163 Walton Street, Oxford
Decision Maker: Executive Director (Communities and People)
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Cabinet, on 15 June 2022 resolved to:
1. Approve the disposal of the freeholds of 39 Long Close, 163 Walton Street, 8 Cowley Road and 46 Stubbs Avenue;
2. Approve the use of the resulting capital receipt into the General Fund for regeneration purposes; and
3. Delegate authority to the Executive Director (Communities and People), in consultation with the Cabinet Member for Housing, to approve the terms of sale for each property.
Decision:
To approve the sale of 163 Walton Street at a price of £1,250,000.
Reasons for the decision:
The dwelling house is beyond repair and the recommended bid provides best value.
Alternative options considered:
To carry out the work required to bring the dwelling house back into repair. This option was rejected as it would have been cost prohibitive and would not have represented value for money.
Signed off by senior officers:
Decision taken by Stephen Gabriel, Executive Director (Communities and People) in consultation with Nerys Parry, Head of Housing Services; Nigel Kennedy, Head of Financial Services; Susan Sale, Head of Law and Governance; and Councillor Linda Smith, Cabinet Member for Housing.
Publication date: 22/03/2023
Date of decision: 16/03/2023
Effective from: 25/03/2023
Accompanying Documents:
PDF 48 KB