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Decision details

Milford Towers Buyback

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Decisions:

Councillor Bonavia received advice from the Executive Director for Customer

Services representative on the options being presented to remaining

leaseholders. He was further informed that no contact had been made with 9

of the leaseholders who were believed to be non resident. This was not

perceived to be an area for concern as the Council was some years away

from requiring vacant possession.

 

Having considered a confidential officer report and a presentation by the

Cabinet Member for Housing, Councillor Damien Egan, the Mayor, for the

reasons set out in the report:

 

RESOLVED that:

 

(1) the progress made on the decant of Milford Towers since it began in 2012

be noted;

 

(2) the proposed approach for Milford Towers resident leaseholders set out be

approved;

 

(3) an increase the decant leaseholder buyback budget as set out be

approved; and

 

(4) authority be delegated to the Executive Director for Resources and

Regeneration, in consultation with the Executive Director for Customer

Services and the Head of Law, to negotiate and agree the final terms of any

shared equity arrangement with resident leaseholders.

 

The meeting closed at 6.12pm

Publication date: 12/05/2017

Date of decision: 10/05/2017

Decided at meeting: 10/05/2017 - Mayor and Cabinet

Accompanying Documents: