Decision

HRA Development Programme - Acquisition of S106 Homes at Rainworth (Key Decision)

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: October 14, 2025

Purpose:

Content: That Cabinet:   a)      approve the Business Case for the acquisition of 20, S106 properties at Rainworth from Arkwood Developments Ltd;   b)      approve that delegated authority be granted to the Director - Housing, Health & Wellbeing, in consultation with the Portfolio Holder for Housing, to finalise terms (including, but not limited to property type and specification) and enter into contract with Arkwood Developments Ltd. for the purchase of 20 x S106 properties on the terms set out in exempt Appendix 1; and   c)      approve that the Capital programme for Phase 6 of the new build programme is increased by £200,000 to £11,150,000 financed as shown in the table at 3.3.

Supporting Documents

14.10.25 - HRA Development Programme - Acquisition of S106 Homes at Rainworth.pdf

Related Meeting

Cabinet - Tuesday, 14th October, 2025 6.00 pm on October 14, 2025