Exempt Paragraph 3
Information relating to the financial or business affairs of any particular person (including the authority holding that information)
That the Cabinet delegates authority for the negotiation, approval and completion of all relevant legal documentation to complete the proposed purchase as described in Section 6 below, 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 Covid pandemic and the
current economic climate has fuelled what is already a high demand
on the homelessness service. In responding to this demand the
Council has been forced to resort to some of the most expensive
forms of temporary accommodation, such as bed and breakfast,
commercial hotels and other forms of nightly paid
Expanding the portfolio of Council owned temporary accommodation through the acquisition of properties will help alleviate some of these pressures.