Decision details
Acquisition of 14 Orbit Close, Finchampstead
Decision Maker: Deputy Chief Executive - Graham Ebers
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Decision:
To agree that the Council purchases 14 Orbit
Close, Finchampstead and provides an equity share loan to assist
the owners to purchase their replacement property.
Reasons for the decision:
To allow the regeneration of the Gorse Ride
estate to proceed.
Alternative options considered:
No alternative option. The regeneration
project is dependent on full site assembly, including buying back
all privately-owned homes.
Wards Affected: Finchampstead South;
Dispensations: N/A
Other reasons / organisations consulted
N/A
Contact: Rhian Hayes Email: rhian.hayes@wokingham.gov.uk Tel: 0118 974 6090.
Publication date: 19/11/2019
Date of decision: 18/11/2019