Decision details

Purchase of land and buildings for the Housing Revenue Account – 30 Derwent Avenue, Ash Vale, Aldershot, GU12 5AN

Decision Maker: Joint Strategic Director - Community and Wellbeing

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

To approve the purchase of:
30 Derwent Avenue
Ash Vale
Aldershot
Hampshire
GU12 5AN
(formerly owned by Guildford Borough Council).


Reasons for the decision:

The property will form part of the HRA stock and the purchase will be funded from the HRA to increase the councils must needed housing stock.

Alternative options considered:

None

Source of Authority to take Decision:

Constitution Paragraph No: Council’s 21/07/2023 Constitution Part 3, Page 3-58 Para 6 Director of Community Services in consultation with the Chief Finance Office, Leader of the Council and the Lead Councillors with responsibility for housing and finance:

To authorise purchases of land and buildings for the Housing Revenue Account up to £12 million, where budget provision exists on the approved housing capital programme

Publication date: 25/09/2023

Date of decision: 02/10/2023

Effective from: 03/10/2023