Purpose

Review of HRA Capital Programme
relating to housing delivery, and to present a business case for
the acquisition of 17 S106 Affordable Homes
 

Decision

RECOMMENDATIONS TO CABINET:
 
That
Cabinet recommends to Council:
 
1)   
To approve the business case and approve
the acquisition of 17 affordable homes within Weston, for the HRA,
subject to Council approval;
 
2)   
To approve, and recommend to Council, the
revised HRA capital programme as shown at Appendix B, including
this scheme and the reprofiling of future years schemes, subject to
Council approval;
 
3)   
To approve and recommend to Council the
reprofiling of funding for the HRA capital programme, subject to
Council approval;
 
4)   
To delegate to the Assistant Director
Strategic Growth and Development, in consultation with the Deputy
Chief Executive (Corporate Development) and S151, to agree the
contractual matters (including the terms and conditions which may
represent a minor variation to the scheme approved in the business
case) such as signing the contract/transfer document and other
incidental actions that may be required, and approving the
associated due diligence and valuation required to purchase the
properties, subject to Council approval .
 
RECOMMENDATIONS TO COUNCIL:
 
1)   
To approve the business case and the
acquisition of 17 affordable homes within Weston, for the
HRA;
 
2)   
To approve the revised HRA capital
programme as shown at Appendix B, including this scheme and the
reprofiling of future years schemes;
 
3)   
To approve the reprofiling of funding for
the HRA capital programme;
 
4)   
To delegate to the Assistant Director
Strategic Growth and Development, in consultation with the Deputy
Chief Executive (Corporate Development) and S151, to agree the
contractual matters (including the terms and conditions which may
represent a minor variation to the scheme approved in the business
case) such as signing the contract/transfer document and other
incidental actions that may be required, and approving the
associated due diligence and valuation required to purchase the
properties.