Excalibur Phase 4 and 5 updates - Part 1

July 19, 2023 Mayor and Cabinet (Other) Key decision Approved View on council website
Full council record
Content

It was MOVED, SECONDED and RESOLVED that Mayor and Cabinet:
1.   
Noted the progress of the Excalibur Estate Regeneration Scheme as
set out in this report;
2.   
Approved the increase in the land assembly budget as set out in the
accompanying Part 2 report;
3.   
Agreed to the Council pursuing the purchase of 18 units from
L&Q under the ‘Housing Acquisition Programme for Homeless
Households’ programme within the parameters as set out in the
accompanying Part 2 report;
4.   
Delegated authority to the Executive Director of Corporate
Resources in consultation with the Executive Director for Place and
Director of Law, Governance and Elections, to negotiate the terms
of, and complete the purchase of the 18 units from London and
Quadrant Housing Association within the parameters as set out in
the accompanying Part 2 report; and
5.   
Approved the lease of properties purchased through the Housing
Acquisitions Programme to a housing management agent or council
subsidiary, to provide housing management services for the 300
units. Delegate to the Executive Director for Place the authority
to approve the issue of such lease.

Supporting Documents

Excalibur Phase 4 and 5 PART 1.pdf
Excalibur Ph 4 and 5 sign off.pdf

Details

OutcomeRecommendations Approved
Decision date19 Jul 2023