Issue details

Acquisitions through Right to Buy Receipts

·         Purchasing a property in Asfordby

·         Purchasing a property on the Fairmead Estate (Melton Mowbray)

Decision type: Key

Reason Key: Expenditure or income > £50,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 28/08/2019

This decision will be taken under urgency procedures.

Reason for urgency:
The decision on the Property in Asfordby was included in the Notice of Forthcoming Key Decisions (Forward Plan), but the date of completion on this property has had to be brought forward to avoid losing partial funding if completion does not take place before the 30 September, due to spending deadlines set by Central government.

The decision on the Property on the Fairmead Estate (Melton Mowbray) will be taken under normal procedures.

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
Commercially sensitive (category 3)

Decision due: 24 Oct 2019 by Portfolio Holder for Corporate Finance, Property & Resources

Lead director: Interim Director for Growth and Regeneration

Contact: Pranali Parikh, Director for Growth and Regeneration Email: PParikh@melton.gov.uk.

Decisions

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