Agenda item

Acquisition of Registered Providers' Street Properties

Minutes:

This report was making preparations for the 2022-23Capital Programme.  Knowle Green Estates would receive the assets (to be financed by loan finance from the Council) and would manage the assets. The long term viability analysis indicated that it would be viable for KGE to hold the assets (as long as appropriate purchase prices were paid).

 

There was discussion about inviting the directors of Knowle Green Estates to a future meeting of this committee or to the Community Wellbeing and Housing Committee.

 

Resolved that:

 

1.    The Acquisition of Registered Providers Street Properties Policy be approved; and

2.    A Capital Programme recommendation be made for 2022-23 for approval by Council in February 2022.

Supporting documents: