Agenda item

A.  Proposal to Establish Housing Company Group Structure

B.  Five Year Plan 2017-2021

C.  Housing Revenue Account Rents and Service Charges 2017-18

‘A’ - Proposal to Establish Housing Company Group Structure

It was proposed by Councillor Ajaib,

Seconded by Councillor Munawar,

“(a)  That the Cabinet decision taken on 19^th December 2016 to establish two wholly owned subsidiary housing companies be noted, including the matters resolved as detailed in paragraph 6.1 of the report.

(b)  That up to £3.1m of additional capital expenditure be incurred for Slough Homes to acquire suitable properties, which will be secured on property, and that £28m be allocated to Herschel Homes and £23.4m allocated to Slough Homes in the period to 31 March 2019 to acquire properties as set out in the business plan.”

The recommendation was put to the vote and carried by 30 votes to 7 votes with 1 abstention.

Resolved –

(a)  That the Cabinet decision taken on 19^th December 2016 to establish two wholly owned subsidiary housing companies be noted, including the matters resolved as detailed in paragraph 6.1 of the report.

(b)  That up to £3.1m of additional capital expenditure be incurred for Slough Homes to acquire suitable properties, which will be secured on property, and that £28m be allocated to Herschel Homes and £23.4m allocated to Slough Homes in the period to 31 March 2019 to acquire properties as set out in the business plan.

‘B’ - Five Year Plan 2017-2021

It was proposed by Councillor Munawar,

Seconded by Councillor Hussain,

“That the refresh of the Five Year Plan, attached at Appendix A to the report, be agreed”

The recommendation was put to the vote and carried unanimously.

Resolved –  That the refresh of the Five Year Plan, attached at Appendix A to the report, be agreed.

‘C’ – Housing Revenue Account Rents & Service Charges 2017-18

It was proposed by Councillor Ajaib,

Seconded by Councillor Munawar,

“(a)  That Council house dwelling rents for 2017/18 to decrease by 1% over the 2016/17 rent with effect from Monday 3rd April 2017. This is in line with current government guidelines and legislation.

(b)  That Garage rents, heating, utility and ancillary charges to increase by 2.0% with effect from Monday 3rd April 2017. This is based upon the September RPI figure.

(c)  That Service charges to increase by 2.0% with effect from Monday 3rd April 2017. This is based upon the September RPI figure.

(d)  That ‘other committee’ property rents to increase by an average of 2.0% from Monday 3rd April 2017 in line with the September RPI figure.”

The recommendations were put to the vote and carried unanimously.

Resolved –

(a)  That Council house dwelling rents for 2017/18 to decrease by 1% over the 2016/17 rent with effect from Monday 3rd April 2017. This is in line with current government guidelines and legislation.

(b)  That Garage rents, heating, utility and ancillary charges to increase by 2.0% with effect from Monday 3rd April 2017. This is based upon the September RPI figure.

(c)  That Service charges to increase by 2.0% with effect from Monday 3rd April 2017. This is based upon the September RPI figure.

(d)  That ‘other committee’ property rents to increase by an average of 2.0% from Monday 3rd April 2017 in line with the September RPI figure.