Decisions for issue Home Purchase Policy Opportunity - Appropriation of 84 Coombe Road, Brighton

RESOLVED: That the Committee –

1.    Agreed to appropriate 84 Coombe Road, Brighton from existing purposes to Housing Act purposes.

2.    Agreed that the General Fund should receive the value of £290,000 in consideration for the appropriation at recommendation 1.

3.    Agreed to authorise the retention of the net capital receipt to be used for reinvestment by Families Children and Learning to support the integration of disability services by co-locating the teams in Wellington House.

4.    Noted that the appropriation referred to at 2.1.1 above will take place when the Policy, Resources & Growth Committee makes the decision to appropriate and that the funds referred to at 2 will be transferred following that decision.

That the Housing & New Homes Committee recommends to Policy, Resources and Growth Committee that it:-

(1)            appropriates 84 Coombe Road, Brighton from existing purposes to Housing Act purposes;

(2)            agrees that the General Fund should receive the value of £290,000 in consideration for the appropriation at recommendation 2.1.1;

(3)            authorises the retention of the net capital receipt to be used for reinvestment by Families Children and Learning to support the integration of disability services by co-locating the teams in Wellington House; and

(4)            notes that the appropriation referred to at 2.1.1 above will take place when the Policy, Resources & Growth Committee makes the decision to appropriate (assuming that the Committee approves the recommendation) and that the funds referred to at 2.1.2 will be transferred following that decision.