109 Cabinet Members' Items - Joint Report of the Corporate Finance & Governance Portfolio Holder and the Housing Portfolio Holder - B.3 - Terms for the Freehold Purchase of Two Properties in Clacton-on-Sea
To agree terms for the freehold purchase of two (2 bedroom) residential properties in Clacton-on-Sea.
Additional documents:
Decision:
RESOLVED that Cabinet –
(a) approves the acceptance of the transfer of the properties in question to the Council as Affordable Housing Dwellings at the purchase price of £210,000 each (total purchase price £420,000); and
(b) authorises the Corporate Director (Operations and Delivery) to enter into a contract on the terms set out in the Portfolio Holders’ joint report and subject to such other terms that he considers necessary.
Minutes:
RESOLVED that Cabinet –
(a) approves the acceptance of the transfer of the properties in question to the Council as Affordable Housing Dwellings at the purchase price of £210,000 each (total purchase price £420,000); and
(b) authorises the Corporate Director (Operations and Delivery) to enter into a contract on the terms set out in the Portfolio Holders’ joint report and subject to such other terms that he considers necessary.