Hostel Investment Programme
Additional documents:
Decision:
Having considered a confidential officer report, and a presentation by the
Cabinet Member for Housing, Councillor Damien Egan, the Mayor agreed
that:
(1) the two potential investment opportunities to improve both the quality and
the quantity of hostel provision for single homeless clients as set out be noted;
(2) having considered the relevant benefits and risks associated with the two
potential options for the funding of the Deptford Reach development project,
agrees that the Council should directly grant fund the development, using a
stated amount of S106 funding; and
(3) authority be delegated to the Executive Director for Customer Services, in
consultation with the Director of Regeneration and Asset Management and
Head of Law, to finalise the terms of the grant agreement with Deptford Reach
for the S106 funding.
Minutes:
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 two potential investment opportunities to improve both the quality and
the quantity of hostel provision for single homeless clients as set out be noted;
(2) having considered the relevant benefits and risks associated with the two
potential options for the funding of the Deptford Reach development project,
agrees that the Council should directly grant fund the development, using a
stated amount of S106 funding; and
(3) authority be delegated to the Executive Director for Customer Services, in
consultation with the Director of Regeneration and Asset Management and
Head of Law, to finalise the terms of the grant agreement with Deptford Reach
for the S106 funding.