Decision Maker: Strategic Director, Housing and Commercial Partnerships
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision Taken:
To approve the terms for the acquisition or disposal of a section of Housing Revenue Account (HRA) land and property (except those relating to a regeneration/development scheme), provided(i) the premium does not exceed £500,000; (ii) the rental value does not exceed £150,000 per annum; and (iii) the term does not exceed 25 years.
Reasons for the Decision:
This new lease relates to a premises which sits within the HRA and needs to be approved by the SD for Housing under the WCC constitution.
Publication date: 05/11/2024
Date of decision: 30/10/2024
Accompanying Documents: