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The Council
resolved:-

(i)            
to welcome the Cabinet Secretary for Housing’s invitation to
the Council to bid for £10 million, note the Cabinet
Secretary’s meeting with Co-leaders on 22 October 2025, and
note the Cabinet Secretary’s verbal assurance of additional
resources;

(ii)          
to agree in principle, and subject to compliance with the
Council’s statutory duties, to make improved and final offers
to affected homeowners for the voluntary acquisition of their
properties, using the Capital Fund, the Council approved funding
solution, such offers to comprise the following:-

(a) market value of the property

(b) legal and professional fees

(c) an additional payment to homeowners on the
following basis:

(i)
4 bedroom properties - £44,000

(ii) 3
bedroom properties - £37,000

(iii) 1
bedroom properties - £20,000

(d) the above in (c) will include all other
disbursements and claims including but not restricted to moving
costs and home loss payments.

In addition to agree in principle, and subject to
compliance with the Council’s statutory duties, a balancing
payment to those who have already concluded missives or sold their
property to the Council to ensure that they are in an equivalent
financial position (reflecting payments that have already been
made) to those who have not already concluded missives or sold
their property to the Council; and

(iii)         
to instruct the Chief Executive to seek advice from
External Audit around Best Value (BV) considerations relating to
the proposal outlined above, and to report to the Finance and
Resources Committee, 5 November 2025, or Urgent Business Committee
at the earliest opportunity, such report to include:-

a.     
the implications and full costs of offering affected
homeowners the offer at point (ii) above including the mechanism
and a recommended timescale for making such offers; and

b.     
the External Audit advice referred to
above.