Issue - meetings

 Report by Alistair Cunningham, Corporate Director

Councillor Chuck Berry presented the report which sought approval for a programme to deliver 158 new affordable council homes and delegated approval to enter contracts and legal agreements as required.

Resolved

To delegate authority to the Corporate Director responsible for housing in consultation with the Directors for finance, procurement, legal services and assets and in consultation with the Cabinet Member for Economic Development and Housing, the Cabinet Member for Strategic Planning, Development Management and Property, the Cabinet Member for Finance, Procurement, ICT and Operational Assets and the Cabinet Member for Corporate Services, Heritage, Arts and Tourism to approve;

a) The use of sites in Appendix 2 for affordable housing

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 £30.553m with delegated authority to substitute

and change funding streams within the programme for individual

sites to optimise financing. HRA funding will not exceed £25.8m 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 158 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 Homes England, Communities and Local Government, Department of Health as required

Reason for Decision:

Since the council house building programme was approved in September 2015, new legislation has been passed which has had a significant impact on the investment capacity of the Housing Revenue Account. The Business Plan has been reviewed and, as a result, it is proposed that the programme is revised to ensure the Business Plan remains sustainable.

This report seeks approval for a revised programme to deliver 158 new homes as detailed in Appendix 2.