Decision details
Purchase of land and buildings for the Housing Revenue Account – 8 Cardamon Close, Guildford, GU2 9GZ
Decision Maker: Joint Strategic Director - Community and Wellbeing
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Decision:
To approve the purchase of:
8 Cardamon Close
Guildford
Surrey
GU2 9GZ
(formerly owned by Guildford Borough Council).
The property will form part of the HRA stock and the purchase will
be funded from the HRA.
Reasons for the decision:
The property is Equity Share and the Council
owns the Freehold. The Lease when surrendered will merge back into
the freehold title to increase the Council’s much needed
housing stock.
Alternative options considered:
The decision meets the policy requirements for
the Council and there were no alternative options
available
Publication date: 15/05/2023
Date of decision: 15/05/2023