Issue - meetings

ARGIE AVENUE

Meeting: 24/01/2007 - Executive Board (Item 167)

167 Sale of Land at Argie Avenue/Eden Mount, Kirkstall pdf icon PDF 61 KB

To consider the report of the Director of Neighbourhoods and Housing on a proposed disposal of land at Argie Avenue/Eden Mount, Kirkstall to the Home Housing Association at less than best consideration to facilitate the building of 17 affordable family houses for shared ownership. 

Additional documents:

Minutes:

The Director of Neighbourhoods and Housing submitted a report on a proposed disposal of land at Argie Avenue/Eden Mount, Kirkstall to the home Housing Association at less than best consideration to facilitate the building of 17 affordable family houses for shared ownership.

 

The Chief Executive reported that he had received a message from Councillor Illingworth objecting to the proposed disposal and requesting that consideration of the matter be deferred.

 

RESOLVED

(a)  That approval be given to the disposal of land at Argie Avenue/Eden Mount as highlighted on the submitted plans at ‘less than best consideration’ to Home Housing Association on terms to be approved by the Director of Development for the purpose of developing 17 family houses for shared ownership.

 

(b)  That it be noted that the approval is subject to the provision that a mechanism is put in place to distribute any surpluses generated on the scheme as a result of staircasing and that 75% of any such surpluses will be paid to Leeds City Council and 25% retained by Home Housing Association.

 

(c)  That it be noted that further discussions will be held to achieve lowest possible building costs and the most favourable percentages of ownership for purchasers.