LYNNSPORT 1 (VALENTINE PARK) DEVELOPMENT UPDATE

February 6, 2024 Cabinet (Cabinet collective) Approved View on council website
Full council record
Content

RESOLVED:          
That the following be approved:
          
1)       To proceed with the Lynnsport 1
development to deliver 96 homes with Lovell Partnership Limited
(LPL) under the Major Housing Partnership Development Management
Agreement (30 April 2015).
 
2)            
That the Executive Director - Place, in consultation
with the Portfolio Holder for Business and Monitoring Officer be
given delegated authority to approve the final terms of a Project
Partnering Contract (PPC) 2000 with LPL to deliver this
project.
 
3)            
That the Council shall dispose of the properties in
accordance with the tenure mix as set out in Table 2 of the report.
In line with the corporate strategy.
 

4)            
Pending the transfers referred to at resolution 3 above, the affordable and private
rented tenures may be leased to WNHC and WNPL
respectively.
 

5)            
That the Development be formally classed as a Major
Project.
 
RECOMMENDED:
 
1)            
That Council approve the Capital budget estimate as
detailed in section 5 and appendix 2 of the report.
 
Reason for Decision
 

·     
Deliver housing of a range of tenures to meet local
needs

·     
To deliver on Council Corporate
Objectives:  

o  
Promote growth and prosperity to benefit West
Norfolk;

o  
Protect our environment;

o  
Efficient and effective delivery of our services;
and,

o  
Support our communities.

·     
To deliver affordable and private rented (PRS)
housing for acquisition by the council’s wholly owned housing
companies to support the delivery of council corporate
objectives.

·     
As a major project, it may be monitored by the
Members Major Project Board.

·     
Cabinet did not resolve to exclude the press and
public for discussion on  the exempt appendix. 
 

Details

OutcomeRecommendations Approved
Decision date6 Feb 2024