The Cabinet Member:
1. Approved an agreement to lease and new lease of 51 flats at Bushfield Court at Local Housing Allowance rates for a term of 5 years.
2. Approved payment of associated Stamp Duty Land Tax and professional fees.
Decision type: Key
Reason Key: Expenditure or savings greater than £500,000;
Decision status: Recommendations Approved
Wards affected: Orton Waterville;
Notice of proposed decision first published: 27/03/2020
Anticipated restriction: Part exempt - View reasons
Explanation of anticipated restriction:
The appendix is NOT FOR PUBLICATION in accordance with paragraph (s) 3 of Schedule 12A of Part 1 of the Local Government Act 1972 in that it contains information relating to financial information, namely financial information relating to Bushfield Court. The public interest test has been applied to the information contained within the exempt annex and it is considered that the need to retain the information as exempt outweighs the public interest in disclosing it as commercial negotiations regarding the purchase of this property are ongoing and therefore it is not appropriate for the financial details to be made public at this juncture
Decision due: Not before 29th Apr 2020 by Cabinet Member for Housing, Culture and Recreation, Cabinet Member for Strategic Planning and Commercial Strategy and Investments
Lead member: Councillor Steve Allen, Deputy Leader of the Conservative Group steve.allen@peterborough.gov.uk
Lead director: Acting Corporate Director for Resources
Department: People Services
Contact: Tristram Hill, Strategic Asset Manager Email: tristram.hill@peterborough.gov.uk; Tel: 07956 929198 tristram.hill@peterborough.gov.uk.
Consultation process
Relevant internal and external stakeholders.
Relevant Scrutiny Committee: Adults and Communities Scrutiny Committee