Issue - meetings
Use of Commuted Sums
Meeting: 12/05/2025 - Corporate Policy and Resources Committee (Item 59)
59 Use of Commuted Sums 
PDF 370 KB
Committee is asked to:
1. Consider options within this report for commuted sum usage to provide affordable housing and select a preferred option; and
2. authorise the Strategic Housing Lead to explore further the preferred option and to prepare a report for this Committee to consider and to recommend a decision to Council.
Additional documents:
- Appendix A London Road offer prospectus, item 59
PDF 3 MB
- Appendix B Equality and Diversity Impact Assessment, item 59
PDF 387 KB
View as HTML (59/3) 103 KB
Decision:
The Committee considered all the options within the report for the commuted sum usage and resolved to:
1. agree Options 1 and 2 as outlined in the report as their preferred options; and
2. authorise the Strategic Housing Lead to explore further the preferred options and to prepare a report for this Committee to consider and make a recommendation to Council.
Minutes:
The Committee considered all the options within the report for the commuted sum usage and resolved to:
1. agree Options 1 and 2 as outlined in the report as their preferred options; and
2. authorise the Strategic Housing Lead to explore further the preferred options and to prepare a report for this Committee to consider and make a recommendation to Council.
Councillor Nichols advised that he would abstain from voting on this item due to him being a Director on the Knowle Green Estates Board.
The meeting was adjourned from 8.50pm
The meeting reconvened at 9.00pm
Councillors Geach and Gibson left the meeting at 9.00pm.