Decision details

REVISED USE OF COMMUTED SUMS

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Decision:

RESOLVED: That, subject to the completion of the necessary legal documentation, planning and regulatory requirements, Cabinet approved the allocation of £388.3k of commuted sums to One YMCA to aid their acquisition of Anderson House, Florence Street, Hitchin.

 

REASON FOR DECISION: This proposal has been made in order to support One YMCA’s acquisition of Anderson House and in turn help meet the needs of some of the District’s most vulnerable residents.

Report author: Martin Lawrence

Publication date: 12/09/2024

Date of decision: 10/09/2024

Decided at meeting: 10/09/2024 - Cabinet

Accompanying Documents: