Decision details

Decision Maker: Housing Portfolio Holder

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To decide whether to accept the transfer of the Plot to the Council as an affordable Housing Dwelling and also whether to acquire a shareholding in Kidby’s Management Company Ltd.

Decision:

(a)       To accept the transfer of Plot 21, 4 Kidby Way, Weeley Heath, CO16 9FG to the Council as an Affordable Housing Dwelling for the price of One Pound (£1); and

 

(b)          To acquire a shareholding in Kidby’s Management Company Ltd (Company No. 10761082) with the official representative of the Council to be nominated by the Chief Executive.

Reasons for the decision:

If the Council did not accept the property the Affordable Housing contribution agreed as part of the Section 106 Agreement and planning permission would not be met.

 

In addition, this three-bedroomed property will form part of the Council’s Housing Stock.

Alternative options considered:

Not to accept the property and/or to acquire a shareholding in the management company – this would have resulted in affordable housing being lost.

Interests and Nature of Interests Declared:

None

Publication date: 30/08/2019

Date of decision: 30/08/2019

Effective from: 07/09/2019

Accompanying Documents: