Decision details

Transfer of Sites in Podsmead to Enable The Regeneration of The Estate

Decision Maker: Overview and Scrutiny Committee, Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To give authority to enter negotiations with Gloucester City Homes over the transfer of land in Podsmead to enable the regeneration of the estate.

Decision:

RESOLVED that delegated authority is given to the Property Commissioning Manager, in consultation with the Cabinet Members for Performance & Resources and Planning & Housing Strategy, the Head of Communities and the Head of Place to:

 

(1)       negotiate heads of terms with Gloucester City Homes (GCH) for the disposal of the freehold interest in the areas of sites shown edged Red on the Plan (“the sites”) whether by one or more transactions, and that a cost benefit analysis informs the final decision on disposal

 

(2)       negotiate heads of terms with GCH on an agreement to provide affordable homes within the regeneration of the estate

 

(3)       if so required, to seek authority from the Secretary of State to dispose of the sites on the proposed terms

 

(4)       negotiate terms with Gloucester United Schools Trust (GUS) for the release, relaxation or variation of the restrictive covenants affecting the sites.

Publication date: 08/12/2022

Date of decision: 07/12/2022

Decided at meeting: 07/12/2022 - Cabinet

Effective from: 16/12/2022

Accompanying Documents: