RESOLVED: that
1. The updated forecast expenditure and income for the scheme be accepted and approved.
2. The Head of Housing be authorised in consultation with the:
· Head of Finance
· Head of Legal and Governance
· Executive Member for Housing & Benefits
· Executive Member for Finance
· Executive Member for Investments and Companies
a) To enter into a contract to build with the recommended contractor.
b) To appoint and enter into contracts (as required) with any remaining
consultants or suppliers to allow the contract to progress to completion including unit sales.
c) Enter into an agreement with the chosen Housing Association for the transferral of affordable housing units.
d) To amend the tenure mix at a later stage (as required) with up to a maximum of 100% of the scheme being retained by the Council with a condition that the scheme expenditure remains within the approved capital budget of £6,448,000 as detailed within the exempt report in Part 2 of the agenda.
3. The Head of Housing be authorised in consultation with the:
· Head of Legal & Governance
· Executive Member for Housing & Benefits
· Executive Member for Finance
· Executive Member for Investment and Companies
a) To enter into any Easements, Licences, Covenants or Wayleaves as required on the development.
b) Complete Party Wall agreements as required on the development.
c) Authorise the sale of new homes on this development