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Recommended to Full Council (Budget and policy
framework)
 
(1) To approve an increase of
£2.41m to the existing new build and acquisitions budget
within the 2023/24 HRA Capital Programme, totalling a new budget of
£10.81m, to facilitate and be funded by new government
grants, subject to Full Council approval.
 
(Key
decision):
 
(2) To note the progress of the
housing development and delivery programme as set out at Appendix 1
to the report.
 
(3) To support the progression
of the initial phase of sites identified within the Housing Revenue
Account (HRA) from the internal Asset Review to be taken through
the feasibility and due diligence processes, utilising existing
budgets and delegations.
 
(4) To approve a variation of
£150k for the Fort Lane development in accordance with the
Financial Procedure Rules, totalling a new scheme budget of
£3.15m, financed within the capacity of the existing approved
2023/24 HRA Capital Programme.
 
(5) To approve the disposal of
Council-owned garage sites as set out within Appendix 2 (Exempt) to
the report, subject to a full business case, and with the capital
receipts ring-fenced to support the HRA Business Plan and future
capital schemes for housing.
 
(6)
To authorise the Director of Regeneration and
Planning, in
consultation with the Director of Finance
and Performance (S151
Officer) and Lead Member for Housing and Planning, to take all
necessary actions to progress all recommendations
including business cases, budget allocations, negotiation and
agreement of terms, award of contract(s), and authorising
the formal execution of all related
documentation.