Decision Maker: Eastbourne Borough Council Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: February 12, 2025

Purpose: To establish a new programme within the General Fund to acquire and develop additional accommodation to meet current corporate priorities including the pressures of homelessness.

Content: (Key decision):   (1) To approve the General Fund Accommodation Programme in-line with the following business case principles:   i. Each scheme must reduce overall cost to the council; ii. Any HRA land used shall be appropriated into the General Fund; iii. Acquisitions will be limited to the freehold; iv. Third-party leases must be value for money; v. All arrangements are subject to full legal and financial due diligence.   (2) To approve making an initial allocation within the 2025/26 General Fund Capital Programme of up to £3.17m, subject to Full Council approval.   (3) To approve entering into a Nominations Agreement with Eastbourne Housing Investment Company Ltd.   (4) To authorise the Assistant Director – Property and Development, in consultation with the Director of Finance and Performance (S151 Officer) and Lead Member for Housing and Homelessness, to take all necessary actions to deliver the programme, including acquisitions, appropriations, and developments, as well as determining and executing all leases, contracts, funding agreements, nominations agreements and fees, and other related documentation.