Decision Maker: Corporate Director (Operational Services)
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To decide whether to purchase the leasehold interest in 1 Hillcrest, Kirby-le-Soken.
To purchase the 1% leasehold interest in 1 Hillcrest, Kirby-le-Soken held by the late lessee.
The purchase will have the effect of the leasehold interest merging with the freehold interest meaning that the Council will then own the whole property absolutely.
Not to purchase the 1% interest.
However, the Council has a strong demand for two bedroom accommodation in the Kirby-le-Soken area and purchasing a part share in a property owned under the DIYSO scheme represents good value for money.
Publication date: 08/11/2019
Date of decision: 08/11/2019