Having considered an open and a confidential officer report, and a
presentation by the Cabinet Member for Finance and Strategy, Councillor
Amanda De Ryk, the Mayor and Cabinet agreed that:
(1) the progress on developing the Ladywell scheme including the proposed
housing mix be noted;
(2) an increase in the budget to complete the tender stage as set out in the
accompanying Part 2 report be approved; and
(3) pursuant to Section 122(1) of the Local Government Act 1972 the
appropriation of the land for Phase 1 of the Ladywell scheme (as shown in the
red outline on the attached plan at Appendix 1) from Leisure (General Fund)
to Housing (Housing Revenue Account) be approved.