The Director of Environment and Housing agreed
to approve the acquisition of leaseholders 25% share in the
property subject to
a) the lease being surrendered by the leaseholder
b) the valuation been agreed by the Council (Director of City
Development) and with the mortgagee
c) that the necessary capital funding for the acquisition and
decency works is identified within the Housing Capital
programme/Revenue Budget.
Appendix 1 to this report has been marked as exempt under Access to
Information Procedure Rules 10.4 (3) on the basis that it contains
information relating to the financial or business affairs of any
particular person (including the authority holding that
information) which, if disclosed to the public, would, or would be
likely to prejudice the commercial interests of that person or of
the Council. .