A decision is required to declare a dwelling that forms part of the Trinity Green Almshouses as surplus to the council’s operational requirements and dispose of it on the open market. This is due to the prohibitive cost of bringing the property back up to a habitable standard.

Disposing of it would allow the purchaser to bring the dwelling back up to a habitable standard through a restoration programme and return the site to housing use. This would place the expense and risk on them and allow the council to invest the receipt in other priority areas in the Housing Revenue Account.

The proposal is for the disposal of 2 Trinity Green, Mile End Road, E1 4TS.

Note – the Mayor stated that he would consider any alternative proposals submitted by Thursday 29 March 2018.

The exempt/restricted appendix was noted.

DECISION

1.    To note the contents of the report;

2.    To agree that 2 Trinity Green, Mile End Road, E1 4TS is surplus to the Council’s operational requirements;

3.    To agree to the disposal of the site and to note that the Corporate Director, Place will decide on the most appropriate disposal method under delegated authority;

4.    To agree to the disposal of the site on a freehold basis;

5.    To agree that the capital receipt is used for the provision of affordable housing,

6.    To authorise the Corporate Director, Place, to  progress the sale of the site;

7.    To authorise the Corporate Director, Place, following consultation with the Corporate Director, Governance, to agree the terms and conditions of any agreements required to implement the recommendations above.

8.    To authorise the Corporate Director, Governance to execute all agreements required to implement the recommendations above; and

9.    To agree to produce a Heritage Asset Management Plan in consultation with the Friends of Trinity Green and other Stakeholders, to guide a future approach to site-wide management and maintenance.

Action by:

ACTING CORPORATE DIRECTOR, PLACE (A. SUTCLIFFE)

(Divisional Director, Property and Major Programmes (R. Chilcott)