FCR S196 Capital Update and Property Disposals And Acquisitions Report
May 22, 2023 Cabinet (Cabinet collective) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to approve a £14.170m investment in the Voluntary and Community Sector property portfolio, £45k for habitat improvements at Hackney Marshes, £63k for biodiversity improvements along the River Lea, and £70k for a Public Realm Framework for Hackney Wick and Fish Island.
Full council record
Content
RESOLVED:
1.
That the
scheme for Finance and Corporate Resources and Housing as set out
in section 11 be given approval as follows:
Voluntary and Community Sector
(VCS) Property Portfolio Works: Resource and spend approval of £14,170k (£2,827k in 2023/24, £3,054k
in 2024/25, £2,923 in 2025/26,
£2,592k in 2026/27 and £2,774k in 2027/28) is
requested to carry out CIPFA recommended remedial works and Fire
Risk Assessed compliance works to 21 properties under the leasehold
responsibility of the Landlord (Hackney Council).
2.
That the
scheme for Climate, Homes and Economy as set out in section 11 be
given approval as follows:
Grow Back Greener North Marsh
Pavilion: Resource and spend approval of £45k in
2023/24 is requested to fund the improvements to habitat in
Hackney Marshes to increase biodiversity around the North
Marsh.
Rewild London River Lea Biodiversity Improvement
Project: Resource and spend approval of £63k in
2023/24 is required to fund the increasing biodiversity across
Hackney in line with the emerging Local Nature Recovery Plan,
creating more wild areas across all parks and green
spaces.
Hackney Wick and Fish Island Public Realm
Framework: Resource and spend approval of £70k in
2023/24 is requested to appoint an experienced landscape-led
consultant team to develop a Public Realm Framework f or Hackney
Wick and Fish Island (HWFI) which sets out a vision for HWFI and an
approach to implementing a shortlist of deliverable projects in the
area.
REASONS FOR DECISION
1.The decisions required are necessary in order that the
schemes within the Council’s approved Capital programme can
be delivered and to approve the property proposals as set out in
this report.
2. In most cases, resources have already been allocated to
the schemes as part of the budget setting exercise but spending
approval is required in order for the scheme to proceed. Where,
however, resources have not previously been allocated, resource
approval is requested in this report.
3. To facilitate financial management and control of the
Council's finances.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 22 May 2023 |