Issue - meetings

Report of the Service Manager for Economic Growth and Regeneration.

The Deputy Chief Executive and Director of Finance introduced a not for publication report, which had been circulated prior to the meeting, seeking approval to take the necessary steps to acquire land on Burton Road for affordable housing.

RESOLVED to:

1)    Approve the acquisition of the Site under the Council’s powers under s.120 of the Local Government Act 1972, up to the maximum cost detailed in the report;

2)    Authorise the use of s.106 affordable housing funds to meet the capital costs of the scheme including acquisition, demolition and legal costs up to the maximum cost detailed in the report;

3)    Delegate authority to the Deputy Chief Executive and Director of Finance to agree Heads of Terms for the acquisition of the Site (as shown on the plan at appendix 1 to the report), to make formal offers for no more than the total detailed in the report subject to the offers being accepted, to complete the acquisition of the Site;

4)    Authorise the Service Manager for Property to obtain any necessary approvals and consents to enable demolition of the buildings on the Site once acquired;

5)    Authorise the Service Manager for Economic Growth and Regeneration to invite tenders for an affordable housing scheme on the Site; and

6)    Note that acceptance of tenders and decisions on the disposal of land will be the subject to a separate Portfolio Holder report.