The information contained in the confidential
appendix 1 to this report relates to the financial or business
affairs of a particular person, and of the Council. This
information is not publicly available from the statutory registers
of information kept in respect of certain companies and charities.
It is considered that since this information was obtained through
Expressions of Interest then it is not in the public interest to
disclose this information at this point in time. Also it is
considered that the release of such information would or would be
likely to prejudice the Council’s commercial interests in
relation to other similar transactions in that prospective
purchasers of other similar properties would have access to
information about the nature and level of consideration which may
prove acceptable to the Council. It is therefore considered that
this element of the report should be treated as exempt under Access
to Information Procedure Rule 10.4 (3).
The Director of Resources and Housing approved and authorised the
release of additional funding to Leeds Federated Housing
Association to facilitate the development of 18 new Affordable
Housing units at Sissons Avenue / Acre Road, Middleton.
Due to the level of grant associated with this development the
Director of Resources and Housing agreed to seek to take a charge
over the land for a 10 year period to secure the clawback
provisions of the grant agreement. If after the 10 year period LFHA
can demonstrate that they have adhered to the terms of the grant
agreement relating to subsequent Nomination LFHA can request the
charge be lifted.