Decision details

RESOLVED:

1.    That the use of a contribution as, outlined in Appendix 1, be approved to enable a regeneration initiative to proceed at Black Dog Way subject to the following conditions:

·         That relevant planning permissions are obtained.

·         The application to the Homes & Communities Agency for grant funding is successful.

·         The total cost of delivering the scheme is financially viable overall.

·         All documentation securing the use of the grant for affordable  housing and the retention of units supported by the grant as affordable housing being entered into; and

·         The receipt of invoices/evidence as to the actual costs incurred.

2.    That authority be delegated to the a Corporate Director in consultation with the Council Solicitor  to enter into a grant agreement in respect of the grant and all documentation securing the use of the grant for affordable housing and the retention of units supported by the grant as affordable housing and;

3.    That authority be delegated to the Housing Strategy & Enabling Service Manager to agree variations to the contribution (should they be required following scrutiny of financial appraisals), subject  to consultation with the Cabinet Member for Performance & Resources, and Cabinet Member for Housing and Planning.