Agenda item - Purchase of Kubic Apartments, Whitehawk Way, Brighton

RESOVLED:

That Housing & New Homes Committee:

2.1      recommends to the Strategy, Finance & Regeneration Committee that it agrees the purchase of Kubic Apartments Whitehawk Way, Brighton, East Sussex, BN2 5FH and grants delegated authority to the Executive Director Housing, Neighbourhoods & Communities to negotiate the sale price up to the maximum set out in the Part 2 report.

2.2      recommends to the Strategy, Finance & Regeneration Committee that funding is switched and part of the budget from the Home Purchase Policy 2023/24 is used to purchase Kubic Apartments as outlined in paragraphs 3.3. and 3.4 of the Part 2 report.

That Strategy, Finance & City Regeneration Committee:

2.3      agrees the purchase of Kubic Apartments Whitehawk Way, Brighton, East Sussex, BN2 5FH and grants delegated authority to the Executive Director Housing, Neighbourhoods & Communities to negotiate the sale price up to the maximum set out in the Part 2 report.

2.4      agrees that funding is switched and part of the budget from the Home Purchase Policy 2023/24 is used to purchase Kubic Apartments as outlined in paragraphs 3.3. and 3.4 of the Part 2 report.

9.1      The Head of Strategy & Supply introduced the report to the committee.

9.2      Following questions the Committee Members were informed of that: the project seems ideal for those wishing to downsize; the council are looking at the long life of homes and are carrying out surveys to inform on the state of properties; there no tenants in the property at this time; S106 agreements give 40% affordable housing on new builds when delivered on site, and this development is ideal for downsizing to a well-built development.

9.3      The Committee Voted to enter into Part Two. The private and confidential elements of the report were discussed.

          Vote

9.4      A vote was taken, and by 9 to 1 abstention the committee agreed the recommendations.

RESOVLED:

That Housing & New Homes Committee:

2.1      recommends to the Strategy, Finance & Regeneration Committee that it agrees the purchase of Kubic Apartments Whitehawk Way, Brighton, East Sussex, BN2 5FH and grants delegated authority to the Executive Director Housing, Neighbourhoods & Communities to negotiate the sale price up to the maximum set out in the Part 2 report.

2.2      recommends to the Strategy, Finance & Regeneration Committee that funding is switched and part of the budget from the Home Purchase Policy 2023/24 is used to purchase Kubic Apartments as outlined in paragraphs 3.3. and 3.4 of the Part 2 report.

That Strategy, Finance & City Regeneration Committee:

2.3      agrees the purchase of Kubic Apartments Whitehawk Way, Brighton, East Sussex, BN2 5FH and grants delegated authority to the Executive Director Housing, Neighbourhoods & Communities to negotiate the sale price up to the maximum set out in the Part 2 report.

2.4      agrees that funding is switched and part of the budget from the Home Purchase Policy 2023/24 is used to purchase Kubic Apartments as outlined in paragraphs 3.3. and 3.4 of the Part 2 report.