The block was provisionally identified for clearance in the Housing Investment Strategy approved by Cabinet in March 2003. On 7 July 2005 the Cabinet Member for Housing approved recommendations to demolish the block. Demolition was originally scheduled to take place in Autumn 2007 at an estimated cost of approximately £436,000 (including termination of the Heatlease contract) whilst home loss/ disturbance/ re-acquisition costs would be in the region of £448,800. The loss of these properties at the time would result in a rent loss of £256,620 per annum partially offset by an increase in Housing Subsidy of £103,590 and a saving in leasing charges of £44,542 per year, the repairs costs incurred in 2004/05 were £59,600. The cost of terminating the heat lease contract and demolishing the block
Identifier (URI) | Rank |
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dbkwik:resource/e17nyTzJlrJ99VLzZl6rbw== | 5.88129e-14 |