Decision
New Affordable Housing Delivery - Chiddingfold - Supplementary Budget Allocation
Decision Maker:
Outcome: Recommendations Approved
Is Key Decision?: No
Is Callable In?: No
Date of Decision: January 13, 2026
Purpose:
Content: That the Executive resolved to endorse the content of this report and recommend to the Full Council meeting on 27 January 2026: · That Full Council approves the allocation of the supplementary budget of £481,880 to complete the delivery of the homes across the five sites in Chiddingfold, to be funded as follow - o £241,990 from Commuted Sums o £239,891 from borrowing · That, strictly subject to Full Council approving the allocation of the required supplementary budget, the Executive resolves to: · Approve a virement of £150,000 from the existing New Development Contingency budget · Delegate to the Strategic Director of Economy, Planning and Place the authority to vary the contract with Feltham Construction Limited to the extent they consider necessary, together with other such contracts and legal agreements connected with the delivery of the Chiddingfold new build project, in compliance with Procurement Procedure Rules, the Council’s Constitution and within the approved supplementary budget (as revised under recommendation 2.1.2.) · That should external funding be secured from the Homes England Affordable Homes Programme the Executive endorses the approval to become an Investment Partner and the utilisation of the funding in order to replace the need for the allocation of budget from the Housing Revenue Account Reserve.
Supporting Documents
Related Meeting
Executive - Tuesday, 13th January, 2026 7.00 pm on January 13, 2026