Issue - meetings

1.    That the appropriation by the Housing Revenue Account of the General Fund land, set out in part II the report, for council house new build purposes be approved.

2.   That the process set out in the report for market sales on Council new build developments be approved

3.   That, in order to act sufficiently quickly, authority to approve offers in line with the Sales Strategy be delegated to the officers noted in the authorisation matrix at paragraph 4.3 of the report

To amend the existing Housing Disposals Policy to include the sale of new build properties as set out in Appendix 2

Decision

1.    That the appropriation by the Housing Revenue Account of the General Fund land, set out in part II the report, for council house new build purposes be approved.

2.   That the process set out in the report for market sales on Council new build developments be approved

3.   That, in order to act sufficiently quickly, authority to approve offers in line with the Sales Strategy be delegated to the officers noted in the authorisation matrix at paragraph 4.3 of the report

4.    To amend the existing Housing Disposals Policy to include the sale of new build properties as set out in Appendix 2

Corporate objectives

Delivering Affordable Housing

Monitoring Officer:  

The Council has power under S122 of The Local Government Act 1972 to appropriate land from one statutory purpose to another where:

(i) The land is no longer required for the purpose for which it is currently

held: and

(ii) The purpose for which the land is to be appropriated is one for which the authority is empowered to acquire land by agreement.

The land meets the requirements as it is now no longer needed for its current purpose as garages.

Deputy S.151 Officer

The General Fund land to be acquired by the HRA is land that is no longer in operational use and the sale value agreed is based on independent professional valuations, to ensure that the true value of the councils assets are being realised.

The delegated authority proposed in section 5.3 of this report ensures that there is a transparent and robust process for authorising sales that ensures both the budget holder and finance opinion is required prior to house sales. This sales approval process protects council assets and prevents the sales consultants from approving sales of council assets.

Advice

Councillor Griffiths introduced the report and said it highlighted the good work currently happening.

D Barrett said the report highlighted the completed schemes to date and those that are now on site. Four sites are under construction and progressing well. Martindale will have 65 units, 21 of which will be for market sale and the rest for social rent. Magenta Court will have 29 flats and are due to be completed in Spring 2020. There are two garage sites which will both have six units. They will be used as temporary accommodation and should be ready in March 2020. Corn Mill Court should be completed by the end of July 2019.