Issue - meetings
Temporary Accommodation Purchasing
Meeting: 19/01/2023 - Council (Item 547)
547 Temporary Accommodation Purchasing 
PDF 239 KB
The report sets out the Council’s position and legal duties in respect of providing temporary accommodation and the strategic need for change in the current profile of provision.
The report presents the business case for commencing a pilot to purchase accommodation that will be used as temporary accommodation. The Council is recommended to agree to additional borrowing of funds to support the pilot.
Minutes:
Background:
This report set out the Council’s position and legal duties in respect of providing temporary accommodation and the strategic need for change in the current profile of provision.
The report presented the business case for commencing a pilot to purchase accommodation that would be used as temporary accommodation. The Council was recommended to agree to additional borrowing of funds to support the pilot.
The report asked the Council to agree and addition of £5,590,000 to the Capital Programme to facilitate the pilot to purchase approximately 20 two bedroom properties.
The Deputy Leader and Portfolio Holder for Housing and Community Services, Councillor Doe, supported by the Portfolio Holder for Resources, Councillor Gulvin, proposed the recommendations set out in the report.
Decision:
The Council agreed to add £5,590,000 to the Capital Programme (funded by prudential borrowing) to facilitate the pilot to purchase approximately 20 two bedroom properties.
Meeting: 13/12/2022 - Cabinet (Item 8)
8 Temporary Accommodation Purchasing PDF 242 KB
Minutes:
Background:
This report provided details of a proposal to commence a pilot to purchase accommodation that would be used as temporary accommodation provision and presented the business case for consideration and approval. The report also sought approval for the Cabinet to recommend full Council to agree to additional borrowing of funds to support the pilot.
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Decision number:
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Decision:
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143/2022 |
The Cabinet agreed that a pilot be established to purchase approximately 20 two-bedroom properties. This project is estimated to cost £5,590,000. (Average cost £279,500 each property, allowing for purchase cost at £250,000 plus stamp duty, refurbishment and other fees). |
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144/2022 |
The Cabinet agreed to recommend Full Council to add £5,590,000 to the Capital Programme (funded by prudential borrowing) to facilitate the pilot as set out above, in decision no. 143/2022. |
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145/2022 |
The Cabinet agreed to delegate authority to the Director of Place and Deputy Chief Executive, in consultation with the Deputy Leader and Portfolio Holder for Housing and Community Services, to authorise the purchase of properties as part of the pilot set out in decision no. 143/2022 above. |
Reasons:
The purchase of property forms a sound basis for investment whilst meeting the Council’s statutory obligations to provide temporary accommodation.