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It was MOVED, SECONDED and RESOLVED that Mayor and Cabinet:
 
1. note
progress of the Housing Futures programme.
2. approve the
use of up to £1.9m of existing reserves, including the
£0.6m agreed preparatory commitment.
3.. agree a
further up to £2.6m for additional transfer costs now
identified, including a £0.5m contingency, funded from HRA
reserves if available or the use of General Fund reserves if
not.
4.. agree that
the level of reserves should be restored through the delivery of a
planned HRA savings programme so that the necessary prudent
position to meet future unforeseen costs is restored at the
earliest opportunity