Decision details

Land Transfer, Bowbridge Road - General Fund to Housing Revenue Account

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

AGREED     that Cabinet approve to appropriate the land at Bowbridge Road, Newark from the GF to the HRA at the current value of £326,400 with subsequent CFR adjustment of £224,976 and Capital Receipt transfer of £101,424 to enable construction of HRA properties to support the local housing need and meet the Council’s business plan objectives. 

Publication date: 10/09/2025

Date of decision: 09/09/2025

Decided at meeting: 09/09/2025 - Cabinet

Accompanying Documents: