Delegated Decision

Decision type: Non-key - Low

Decision status: Recommendations Approved

Wards affected: Brympton (pre 2019 boundary review); Coker; Yeovil Central (pre 2019 boundary review); Yeovil East (pre 2019 boundary review); Yeovil South (pre 2019 boundary review); Yeovil West (pre 2019 boundary review); Yeovil Without (pre 2019 boundary review);

Notice of proposed decision first published: 20/10/2016

This decision will be taken under urgency procedures.

Reason for urgency:
This is a confidential item to agree in principle to the potential purchase of a property by Portreeves or Corporation Almshouses, for whom the Committee act as the corporate trustee, the subsequent negotiation of a management agreement and the setting of an appropriate rent regime.

This report is required to be considered at the Area South Committee on 2nd November as the opportunity to purchase has only recently arisen and failure to respond to the vendor swiftly will result in the loss of a first refusal and the property instead being made available on the open market.

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
This item involves exempt information relating to the finanical or business affairs of any particular person (including the authority holding that information).

Decision due: 2 Nov 2016 by Area South Committee

Lead member: Portfolio Holder - Area South including Yeovil Refresh

Lead director: Assistant Directors (Communities)

Contact: Colin McDonald, Corporate Strategic Housing Manager Email: colin.mcdonald@southsomerset.gov.uk Tel: 01935 462331.