The Director of Law, HR and Asset Management sought Cabinet’s approval to a further revision of terms for the sale of the site located at Royston Avenue/ Woodhall Avenue, Egremont, to a Registered Social Landlord (RSL) and to waive the call-in period in this report in view of the urgency of implementing the decision to meet the Homes and Communities Agency (HCA) funding deadline of 31st March 2009 and avoid £2,232,000 of grant funding being lost.

Resolved: - That

(1)  the revision to the terms for sale of the site identified in this report be approved; and

(2)  the call-in period for this matter be waived in view of the urgency of implementing the decision to meet the HCA funding deadlines and avoid £2,232,000 of funding being lost, and the Council be advised accordingly.