Decision details

Councillor Amanda De Ryk withdrew from the meeting while this item was

considered.

Having considered a confidential officer report, and a presentation by the

Mayor, the Mayor and Cabinet for the reasons set out in the report by a vote

of 7-0:

RESOLVED that:

(1) the stated increase in the amount of Housing Infrastructure Fund) funding

for the scheme and the associated requirements of the Council as the

accountable body for the grant be approved;

(2) the grant of the Phase 2 building leases be approved in accordance with

the structure annexed at Appendix 1;

(3) authority be delegated to the Executive Director for Housing, Regeneration

& Environment, in consultation with the Executive Director for Corporate

Services and the Head of Law, to agree the amount of the guarantee for

Phase 2; and

(4) authority be delegated to the Executive Director for Housing, Regeneration

& Environment, in consultation with the Director of Regeneration & Place and

the Director of Law, to agree all further variations to the Development

Agreement.