Issue - meetings

 To consider the appendices referred to in the report at item 9 above.

After considering the information contained in the report and the appendix, the meeting:

Resolved

to delegate authority to the Associate Directors responsible for housing, finance, procurement, legal and assets  in consultation with the Cabinet Member for Housing, Leisure, Libraries and Flooding, the Cabinet Member for Strategic Planning, Development Management, Strategic Housing, Property and Waste and the Cabinet Member for Finance, Performance, Risk, Procurement and Welfare Reform to approve;

a)    The use of sites in Appendix 2 for affordable housing with delegated authority to substitute alternative sites of similar value as appropriate

b)   Any appropriations necessary pursuant to s122 LGA 1972 to ensure that the sites in a) are held by the Council for housing purposes

c)    A total budget of £42.5m with delegated authority to substitute and change funding steams within the programme for individual sites to optimise financing. HRA funding will not exceed £32.8m but other funding streams may be increased or decreased as required providing that they stay within available allocation and do not affect the total budget position.

d)   Entering contracts for consultants, construction and other elements of the project to enable the delivery of around 226 new homes within the total scheme costs identified in Appendix 2 in accordance with the Corporate Procurement & Commissioning Board approach.

e)    Entering funding agreements with HCA/CLG/DOH as required to secure the grant funding and borrowing approval required.

Reason for Decision:

Since the council house building programme was first approved in September 2014, further site feasibility work has been undertaken, consultation with local communities has taken place, schemes have been fully designed and costed and some of the projects have been tendered.   This has resulted in changes to the estimated costs of schemes, the proposed sites and the number of homes that can be delivered with the available funding.

This report seeks approval for a revised programme to deliver around 226 new homes as detailed in Appendix 2.