Issue details
Request for authority to sell properties purchased by the Council for PRS purposes to the Council’s wholly owned company ‘Investing 4 Brent’ for the discharge of homeless duty
To approve the sale of properties purchased by
the Council for the Private Rented Sector programme to be sold to
the new wholly owned Council company
‘Investing4Brent’.
To approve the valuation methodology for the disposal of the
properties from the Council to the Council’s wholly owned
subsidiary.
To delegate authority to the Strategic Director Resources, in
conjunction with the Chief Finance Officer, to approve future sales
under the PRS programme.
Decision type: Key
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 21/04/2017
Decision due: 22 May 2017 by Cabinet
Lead member: Leader
Lead director: Strategic Director, Resources
Department: Community Wellbeing
Contact: Chris Brown, Programme Manager (PRS Portfolio Acquisitions) Email: chris.brown@brent.gov.uk.
Decisions
Agenda items
- 22/05/2017 - Cabinet Request for authority to sell properties purchased by the Council for PRS purposes to the Council’s wholly owned company ‘Investing 4 Brent’ for the discharge of homeless duty 22/05/2017
Documents
- Request for authority to sell properties purchased by the Council for PRS purposes to the Council’s wholly owned company ‘Investing 4 Brent’ for the discharge of homeless duty