Housing Development & Asset Update

July 13, 2023 Key decision Approved View on council website
Full council record
Content

(Key
decision):
 
(1) To note the progress of the
housing development and delivery programme as set out at Appendix 1
to the report.
 
(2) To approve the purchase and
development of land and assets at Peacehaven Golf and Fitness to
deliver new Council homes in accordance at Appendix 2 (Exempt) to
the report including making an allocation within the HRA Capital
Programme 2023/24 of up to £3.1m, subject to contract,
valuation, and full due diligence.
 
(3) To approve a waiver to the
Council’s Contract Procedural Rules (CPR) to allow the direct
selection of the contractor(s) associated with the Peacehaven Golf
& Fitness proposals for the reasons as set out in the
report.
 
(4) To approve and implement a
new Revolving Loan Fund within the capacity of the existing General
Fund Capital Programme 2023/24 to support further sustainable
community-led housing developments within the district.
 
(5) To approve the criteria for
HRA rationalisation as set out and to dispose of assets in order to
further the capacity of the Capital Programme to deliver more
Council homes across the district.
 
(6) To authorise the Director
of Regeneration and Planning, in consultation with the Chief
Finance (S151) Officer and Lead Member for Finance, Assets and
Community Wealth Building, to progress recommendations 2, 3, and 4
in this report and to conclude them including the approval and
implementation of all processes and procedures, negotiation and
agreement of terms, award of contract(s), and authorising the
execution of all related
documentation.
 
(7) To authorise the Director
of Service Delivery, in consultation with the Chief Finance (S151)
Officer, Lead Member for Finance, Assets and Community Wealth
Building, Lead Member for Tenants and those in Housing Need, and
the Tenants of Lewes District (TOLD) to progress recommendation 5
to dispose of identified HRA assets including negotiation and
agreement of terms and authorising the execution of all related
documentation, subject to any or all of the agreed criteria as
follows:
 

         The cost
of any repair work is prohibitive compared to the market value of
the property

         The cost
of running the property is unaffordable being of sub-standard
quality / efficiency

         The
sales receipt generated is capable of delivering an overall net
gain in new homes

         The
capital receipt generated from the sale is ring-fenced to support
the HRA Capital Programme.

Supporting Documents

Housing Development Asset Update.pdf
Housing Development Asset Update - Appendix 1.pdf

Details

OutcomeRecommendations Approved
Decision date13 Jul 2023
Subject to call-inYes