Decision details

Lease arrangements for 52 Reading Road

Decision Maker: Director of Corporate Services - Graham Ebers

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

To enter into a 125-year lease with Wokingham Housing Limited (WHL) for nil-consideration (retrospective)

Reasons for the decision:

To allow the development of 9 supported homes for vulnerable yong people to proceed.

Alternative options considered:

No alternative option. The scheme would not be viable if a capital receipt had been sought for the site.

Wards Affected: Emmbrook;

Dispensations: N/A

Other reasons / organisations consulted

N/A

Contact: Frances Haywood Email: frances.haywood@wokingham.gov.uk 0118 974 6859 Email: frances.haywood@wokingham.gov.uk Tel: 0118 974 6859.

Publication date: 18/05/2018

Date of decision: 16/05/2017