Issue - meetings

To consider the report of the Director of Environment and Neighbourhoods outlining the options open to the Council with respect to the future of 60, Sholebroke Avenue, LS7 3HB.

Appendix 1 to this report is designated as exempt under Access to Information Procedure Rule 10.4(3).

The Director of Environment and Neighbourhoods submitted a report outlining the options available to the Council with respect to the future of 60, Sholebroke Avenue, LS7 3HB.

Following the conclusion of an options appraisal exercise, the report presented the following four alternatives:

  1. An open market sale of the property

2. The refurbishment and letting of the property as a Council house, managed by the relevant Arms Length Management Organisation (ALMO)

3. The Council entering into negotiations with a partner Registered Social Landlord currently managing other stock in the immediate neighbourhood, with a view to them purchasing the property, investing in it and creating a new affordable home.

4. The Council entering into negotiations with a local supported housing provider, with a view to them leasing the property from the Council at a peppercorn rent for a 21 year period.

Following consideration of appendix 1 to the report, designated as exempt under Access to Information Procedure Rule 10.4(3) which was considered in private at the conclusion of the meeting, it was

RESOLVED –

(a)  That approval be given to progress with Option 3, as detailed above and within the submitted report.

(b)  That the property be declared surplus to the Council’s operational requirements

(c)  That approval be given to enter into negotiations with a partner Registered Social Landlord, with the aim of concluding a sale to them which represents the value of the property and which recognises the level of refurbishment needed to bring the property to a decent homes standard.

(d)  That approval be given to covenant the sale, in order that the property is retained in perpetuity as a socially rented family home and that the Council retains nomination rights in respect of lettings.