Issue - meetings

Residential property repair and maintenance fund

Meeting: 12/11/2024 - Strategy and Resources Committee (Item 40)

40 Residential property repair and maintenance fund pdf icon PDF 644 KB

Establish a repair and maintenance fund to fund works to the residential properties owned by the Council for use as temporary accommodation.

Decision:

Following consideration, the Committee unanimously resolved to:

(1)       Approve the creation of a residential property repair and maintenance fund.

(2)       Approve the repurposing of the remaining balance in the Residential Property Acquisition Fund of £150,000 to create the Property Repair and Maintenance Reserve.

(3)       To nominate and authorise the Building Services and Facilities Manager, in consultation with the Housing Solutions Manager and finance to (i) approve the extent of works required and (ii) authorise the use of the Residential Property Repair and Maintenance Reserve to fund such works. 

Minutes:

The Committee received a report presenting a proposal to establish a repair and maintenance fund to fund works to the residential properties owned by the Council for use as temporary accommodation.

The following matter was considered:

a)            LAHF 3 fund properties. The Strategic Housing Manager informed the Committee that the 5 properties which the Council hoped to purchase with Local Authority Housing Fund 3 monies would be covered by the Residential Property Repair and Maintenance Fund.

Following consideration, the Committee unanimously resolved to:

(1)      Approve the creation of a residential property repair and maintenance fund.

(2)      Approve the repurposing of the remaining balance in the Residential Property Acquisition Fund of £150,000 to create the Property Repair and Maintenance Reserve.

(3)      To nominate and authorise the Building Services and Facilities Manager, in consultation with the Housing Solutions Manager and finance to (i) approve the extent of works required and (ii) authorise the use of the Residential Property Repair and Maintenance Reserve to fund such works.