Decision details

Housing Stock Options Appraisal Process

Decision Maker: Cabinet, Council

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Decision:

Cabinet AGREED that:

(a)               a new stock options appraisal be carried out to evaluate the options to deliver a sustainable future for the Council’s housing stock in full consultation with / involvement of tenants, staff, members and other key stakeholders;

(b)               the stock options appraisal process commence as soon as possible, taking into account receipt of stock condition survey and financial modelling information, with a view to presenting the outcome to the Cabinet and Council later this year;

(c)               a member / tenant working group be established to oversee the project, supported by a corporate officer project team, to be comprised of five members, appointed in accordance with the political proportionality rules, and five tenants; and

(d)               the initial project management and staffing proposals be implemented and that the other costs associated with the stock options appraisal, e.g., consultancy fees, be from within the Housing Revenue Account Estimates for 2007/08, in order that the project be well managed and adequately resourced.

Report author: Steve Hampson

Publication date: 12/04/2007

Date of decision: 12/04/2007

Decided at meeting: 12/04/2007 - Cabinet

Effective from: 20/04/2007

Accompanying Documents: