Appropriation of the Former Mayow Road Warehouse
Additional documents:
Decision:
Having considered a confidential officer report, and a presentation by the
Cabinet Member for Housing, Councillor Paul Bell, the Mayor and Cabinet
agreed that pursuant to Section 122 of the Local Government Act 1972, the
appropriation of the former Mayor Road Warehouse shown edged with a
dotted red line in Appendix 2 be approved from the Housing Revenue Account
to the General Fund, excluding the area edged in a solid red line which will
remain in the Housing Revenue Account. The appropriation will be at a stated value which is the appropriate proportion of the Existing Use Value of
the land, and excludes the value for the part of the land required for the 6
Supported Living homes.
Minutes:
Having considered a confidential officer report, and a presentation by the
Cabinet Member for Housing, Councillor Paul Bell, the Mayor and Cabinet for
the reasons set out in the report by a vote of 10-0:
RESOLVED that pursuant to Section 122 of the Local Government Act 1972,
the appropriation of the former Mayor Road Warehouse shown edged with a
dotted red line in Appendix 2 be approved from the Housing Revenue Account
to the General Fund, excluding the area edged in a solid red line which will
remain in the Housing Revenue Account. The appropriation will be at a stated
value which is the appropriate proportion of the Existing Use Value of
the land, and excludes the value for the part of the land required for the 6
Supported Living homes.