Decision details

Microsites Programme: Phase 2 project Business Justification Case

Decision Maker: Housing and Growth Committee

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Business justification case for approval

Decisions:

The Chairman introduced the report and invited discussion on the item.

 

Following consideration of the item, the Chairman moved to vote.

 

The committee voted as follows

 

For                  10

Against           0

Abstain           0

 

The committee resolved

1.    To approve the Business Justification Case for Phase 2 of the Microsites Programme attached at Appendix 1.

 

2.    To delegate authority to the Deputy Chief Executive in consultation with the Chairman of the Committee to agree the terms of a development agreement (including any variation or supplemental agreement to the existing agreement) and/or any associated documentation with Opendoor Homes based on the principles set out in the business case.

 

3.    To authorise the transfer of the sites listed in Table 2 (22 Edgeworth Avenue, Back Lane, Warwick Close, Underhill Court and Reets Farm Close) to be transferred to Opendoor Homes at nil value for the provision of affordable rented housing and in accordance with the terms of the agreed Development Agreement.

 

4.    To delegate authority to the Deputy Chief Executive to obtain any statutory or other consents required to dispose of the sites both under Housing Act 1985 where the Sites comprise land held under the HRA and also under s123 of the Local Government Act 1972 where land is held in the general fund. To delegate authority to use such of the general consents available for the disposal of the Site and where required to apply for consent to disposal to the Secretary of State on a sale at less than best consideration.

 

5.    Delegate authority to the Deputy Chief Executive to appropriate, where required, for planning purposes or any other relevant purposes of land included in the Site to enable disposal and to facilitate the building of new homes in accordance with the planning permission and the Development Agreement and to take all necessary steps that may be required to ensure statutory compliance in order to dispose of the Site and to take all necessary steps that may be required to dispose of the Site.

 

6.      to recommend to the Policy and Resources Committee that the Capital programme is increased by £5.7m to fund this proposal.

Publication date: 12/04/2019

Date of decision: 17/09/2018

Decided at meeting: 17/09/2018 - Housing and Growth Committee

Accompanying Documents: