Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: October 31, 2024

Purpose:

Content: Decision: Agreed to purchase the long leasehold interest of 42 Round Hill Way for £262,000 and enter into a settlement agreement.    Reason(s): The Council already have an obligation for the structural repairs to the property and as such has a liability in relation to this property as it suffers from significant structural defects.   To take ownership of the property will enable the property to be put back to the most appropriate use within the HRA.    Other options considered and rejected by the Executive:   Do not purchase property – legal action has been threatened which brings high risk of substantial damages for disrepair and legal costs, a court order requiring the Council to carry out the works of repair, and damage to reputation.   Do the Works – doing the works will not remove the risk of a claim in damages for historical losses suffered by the leaseholder and will mean that the property remains in private ownership.   Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted:   None.