Decision details

Agreed

RECOMMENDED that Council:-

(1)  note the Housing Revenue Account Development Programme progress update;

(2)  approve the additional capital budget provision of £3m to allow urgent market opportunities to be pursued and secured where the Committee reporting timescales do not allow a full reporting process to be followed;

(3)  approve for delegated authority to given to the Director in consultation with the Leader of the Council and the Portfolio Holder for Council Housing Development and Services to spend the £3 million referred to in paragraph 2.1.2 of the report presented at the meeting to addressed in year market opportunities; and

(4)  approve the acquisition of all three, 3 three bedroom houses in Anthony Road, Heavitree, Exeter, as part of the HRA Development Programme at a cost of £900k.

Reason for Decision:

As set out in the report.