Confidential Report - Disposal of HRA Asset
This matter is the responsibility of Executive Councillor for Housing, Councillor Francesca Smith.
Additional documents:
Decision:
RESOLVED that Executive;
1. Approved the sale of the freehold interest in the property identified in the confidential report for a confidential sum.
2. Delegated authority to the Assets Specialist in consultation with the S151 Officer to agree final terms and complete the sale transaction.
3. Noted the income from the disposal would be credited to the Capital Receipts Reserve within the Housing Revenue Account.
Minutes:
Executive Councillor Francesca Smith, Portfolio Holder for Housing Services introduced the confidential report.
RESOLVED that Executive;
1. Approved the sale of the freehold interest in the property identified in the confidential report for a confidential sum.
2. Delegated authority to the Assets Specialist in consultation with the S151 Officer to agree final terms and complete the sale transaction.
3. Noted the income from the disposal would be credited to the Capital Receipts Reserve within the Housing Revenue Account.