Decision details
Decision Maker: Housing & Planning 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: