Decision details
Transfer by sale of the Between Towns Road former Murco garage development site to Oxford City Housing (Development) Limited (OCH(D)L).
Decision Maker: Assistant Chief Executive
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To authorise the transfer by purchase by Oxford City Council of the extensively refurbished 3 bedroom house, new build 3 and 5 bedroom house delivered through the OCHDL Extensions programme. Contributing to the Councils overall Affordable Housing provision.
Decision:
To authorise the transfer by sale of the Between Towns Road former Murco garage development site to Oxford City Housing (Development) Limited for a consideration of £920,000 in total.
As part of Oxford City Council’s CEB decision on 17 March 2016 to establish Oxford City Housing (Investment) Limited it was agreed that the Council would develop new affordable housing with a range of tenures. Further reports have consistently identified this Between Towns Road site as a potential development scheme.
OCH(D)L has carried out extensive site investigations and design work and has obtained planning permission to deliver 38 homes here (18/03287/FUL).
Alternative options considered:
Not to transfer the properties would represent a missed opportunity to deliver affordable housing.
Signed off by senior officers:
Caroline Green, Assistant Chief Executive.
This decision was taken in consultation with the Head of Finance and the Head of Law and Governance.
Publication date: 28/07/2020
Date of decision: 19/09/2019
Effective from: 31/07/2020