Having considered an officer report, and a presentation by the Cabinet
Member for Housing, Councillor Damien Egan, the Mayor agreed that:
(1) Having considered the relevant benefits and risks associated with the
funding of the Deptford Reach development project, the Council increases the
grant funding for the development, from £924,000 to £1,500,000 using S106
funding; and
(2) authority be delegated to the Executive Director for Resources and
Regeneration, in consultation with the Executive Director for Customer
Services and Head of Law, to finalise the terms of the grant agreement with
Deptford Reach for the S106 funding.