Issue - meetings

Property Exchange with Leeds Federated Housing Association

Meeting: 18/05/2011 - Executive Board (Item 225)

225 Property Exchange with Leeds Federated Housing Association pdf icon PDF 106 KB

To consider the report of the Director of Environment and Neighbourhoods detailing proposals regarding the transfer of 14 Council owned miscellaneous properties to Leeds Federated Housing Association in exchange for 15 properties, which would contribute towards the wider regeneration of the area.

 

Appendix 2 to the report is designated as exempt under Access to Information Procedure Rule 10.4(1) and will be circulated and collected back in at the meeting.

 

Additional documents:

Minutes:

The Director of Environment and Neighbourhoods submitted a report outlining proposals in relation to the transfer of 14 Council owned miscellaneous properties to Leeds Federated Housing Association (LFHA) in exchange for 15 properties, which would contribute towards the wider regeneration of the area.

 

The submitted report presented the following three options:

Option  A:  Do nothing

Option B: The purchase of LFHA properties within the Garnets demolition area

Option C: The exchange of LFHA properties within the Garnets demolition area for other council owned miscellaneous properties.

 

Following consideration of appendix 2 to the submitted report, designated as exempt under Access to Information Procedure Rule 10.4(1), which was circulated, considered in private and subsequently retrieved at the conclusion of the meeting, it was

 

RESOLVED -

(a)  That the transfer of 15 LFHA properties in the Garnets clearance area to LCC in exchange for 14 Council owned miscellaneous properties to LFHA be authorised, with the difference in value being contributed by LFHA towards the costs of demolition on the scheme.

 

(b)  That all properties detailed within exempt appendix 2 to the submitted report be declared as surplus for disposal to LFHA.

 

(c)  That the Acting Director of City Development be authorised to approve the detailed terms of the transaction.