Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: No
The Mayor said he understand there was commercial information in the report
that should remain confidential but most of the content could be
disseminated, particularly as it represented good news for the affected
communities.
Having considered a confidential officer report and a presentation by the
Cabinet Member for Housing, Councillor Damien Egan, the Mayor, for the
reasons set out in the report:
RESOLVED that:
(1) the update on the Deptford Southern sites project, as detailed, and the
progress in negotiations led by officers with development partners and the
GLA with the aim of increasing the amount of affordable housing within the
proposals be noted;
(2) the Council provides grant funding on the basis set out;
(3) the tenure of 43 homes on the Tidemill site be changed from private sale
to London Affordable Rent (social rent) at a cost to the Council of £4,310,211
and 16 homes from private sale to shared ownership at no additional cost to
the Council;
(5) the revised budget for the development, as set out, be approved; and
(6) authority be delegated to the Executive Director for Resources &
Regeneration, in consultation with the Executive Director for Customer
Services and the Head of Law, to negotiate and agree the necessary legal
documentation in connection with the recommendations in this report.
Publication date: 19/03/2018
Date of decision: 15/03/2018
Decided at meeting: 15/03/2018 - Mayor and Cabinet
Accompanying Documents: