Exempt Part B - By Virtue of Paragraph 3
Information relating to the financial or business affairs of any particular person (including the authority holding that information)
RESOLVED
That the Cabinet delegates the negotiation, approval and completion of all relevant legal documentation to complete the purchase/acquisition, to the Head of Strategic Housing Services, Head of Legal, Governance and HR and Head of Corporate Finance, in consultation with the Leader of the Council and the Cabinet Member for Housing.
(Generic Delegations 2 & 3 will be used to enact this recommendation)
Reasons for the Recommendations
The Council
currently has 279 households in temporary accommodation, 100 of
these in nightly paid accommodation, including 30 out of borough
placements. This represents the highest level of need and demand
for temporary accommodation faced by the Council to date.
The average net cost
of nightly paid accommodation to the council per household per week
is £211.50 equating to £21,150.00 per week /
£1.1m per year for current numbers. This figure does not
include any additional financial burdens arising from non-payment
of contributions or ineligibility for benefits.
A raft of measures
is being progressed both locally and at a countywide level to
reduce the pressure on nightly paid accommodation. This report is
focused on one of these work strands, namely to expand the
portfolio of Council owned temporary accommodation.
This detached two storey property will provide an additional 6 units of temporary accommodation.