Decision details

Retention of Right to Buy receipts (C45)

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

The Executive Meeting considered issues relating to the retention of receipts from Right to Buy purchases of Council housing in order to fund replacement housing stock and then agreed to the Council entering into an agreement with the Secretary of State for Communities and Local Government to retain in Stockport the potential additional receipts that may arise from the new Right to Buy regime.

 

Alternative options considered:

None

Interests and Nature of Interests Declared:

None

Decision Reference: ED1419

Contact: Michael Cullen, Corporate and Support Services Email: michael.cullen@stockport.gov.uk Tel: 0161 474 4631, Paul Lawrence, Services for Place Email: paul.lawrence@stockport.gov.uk Tel: 0161-474-4515.

Report author: Michael Cullen, Paul Lawrence

Publication date: 22/08/2012

Date of decision: 20/08/2012

Decided at meeting: 20/08/2012 - Executive

Effective from: 30/08/2012

Accompanying Documents: