Issue - meetings

To consider options as to the future of the property once the compulsory purchase has been completed.

This report is exempt and has been circulated to Councillors and relevant officers only.

(Report attached)

The Committee received an update report following the compulsory purchase of the property as previously agreed.

Officers advised that the disposal of the property on the open market offered the quickest option to bring the property back into use.

RESOLVED that

1)    On the vesting of the property into Council ownership, authority is delegated to the Head of Legal, Equalities and Democratic Services and Housing Strategy Manager to deal with the contents left in the property;

2)    On the vesting of the property into Council ownership, authority be delegated to the Head of Customer Access and Financial Support to instruct agents for it to be sold on the open market and should no sale be agreed sold at auction, to include covenants that the house be improved to a decent homes standard or the plot redeveloped for housing within a specified time and agree any appropriate offer and complete the sale; and

3)    Authority be delegated to the Executive Director of Finance and Resources to use Regional Housing Capital pot funding to cover any shortfall between the sale price and Council’s purchase cost.

[During consideration of this item Members discussed matters that necessitated the disclosure of exempt information. It was therefore agreed to exclude the press and public prior to any debate on the grounds that information would be revealed which would relate to the financial or business affairs of a particular person (including the authority holding that information).]