Issue - meetings

The Hall, Ashburton - Teign Housing Clawback Agreement.

Meeting: 01/07/2019 - Executive (Item 45)

45 Teign Housing Clawback Agreement pdf icon PDF 65 KB

Decision:

RESOLVED that:-

 

1)            the proposed variation of the Development Clawback Agreement (dated 4 February 2004 between the Council and Teign Housing) outlined in Section 3 of the report be approved; and

 

2)            £129,900 in settlement of the amount due to the Council in respect to properties detailed in paragraph 2.3 of the report be accepted.

           

Minutes:

The Portfolio Holder for Corporate Resources presented the report to vary the clawback terms of the Development Clawback agreement with Teign Housing.

 

In response to a Member, the Portfolio Holder for Corporate Resources commented that the funds were not earmarked and all priorities were being investigated.

 

The Portfolio Holder for Corporate Resources proposed the recommendation, this was seconded by the Leader.

 

RESOLVED that:-

 

1)            the proposed variation of the Development Clawback Agreement (dated 4 February 2004 between the Council and Teign Housing) outlined in Section 3 of the report be approved; and

 

2)            £129,900 in settlement of the amount due to the Council in respect to properties detailed in paragraph 2.3 of the report be accepted.