Purpose

 
This paper is submitted under the General
Exception category as an urgent item tosecure the ongoing delivery
of affordable Extra Care Housing sites at four locations in Surrey
(Bentley – Reigate and Banstead, Brockhurst - Runnymede,
Pinehurst – Surrey Heath and Salisbury Road – Epsom and
Ewell). Good progress has been made by our development partner to
deliver over 260 units of affordable Extra Care Housing. The
development partner is in the final phase of their detailed
designs, which will be submitted to the Surrey County Council
Regulatory and Planning Committee for approval
imminently. 
 
For the Council to proceed our development
partner’s funder is seeking grant of a 250-year lease to
ensure viability of the development. (Cabinet has previously
approved a lease of 125 years). This will satisfy both the
requirements of Homes England to secure their grant funding under
the ‘Social and Affordable Homes Programme’ and our
development partner’s funder, who is funding the developments
alongside Homes England. Cabinet is being asked to approve the
grant of 250-year leases to ensure there are not any delays to the
programme and to enable the developments to be built as soon as
possible for the benefit of our residents.
 
(The decisions on
this item can be call-in by the Adults and Health Select
Committee)
 
 

Content

RESOLVED:
 

That Cabinet approves the grant of
leases for four properties in accordance with previous approvals by
Cabinet, save for the lease term to be increased from 125 years to
250 years. The sites are as follows:

The former Bentley Day Centre,
Banstead, Reigate and Banstead
The former Brockhurst Care Home, Ottershaw, Runnymede 
The former Pinehurst Resource
Centre, Camberley, Surrey Heath?
Salisbury Road,
Epsom, Epsom and Ewell

 

That Cabinet delegate authority to
the Deputy Chief Executive and Executive Director for Resources
(Section 151 Officer) in consultation with Executive Director for
Adults, Wellbeing and Health Partnerships and the Cabinet Member
for Adult Social Care to;

a.   
agree, finalise and approve the final detailed terms of the
transactions and all related legal documents including any
variations or amendments that are necessary to facilitate the
proposals subject to the parameters set out in this report
b.   
authorise the execution, completion, signing and sealing of all
contracts, deeds, notices, certificates and other documents
required to implement the transactions.
 
Reasons for
Decisions:
 

Granting a lease term in excess of
125-years is de-minimis to the Council’s asset value.

 

Proceeding with the recommendation
to approve will enable development of Extra Care Housing on the
four sites representing a substantial contribution of circa 290
units towards the Council’s strategic objective to expand
affordable Extra Care Housing provision by 2030.

 
(The decisions on
this item can be call-in by the Adults and Health Select
Committee)