Issue - meetings

To consider the report of the Leader of the Council seeking approval of a budget to develop a new Housing with Care Facility on the site of the former Woodside Lodge and 536-550 Wimpson Lane, attached. 

The report of the Leader of the Council seeking approval of Woodside/Wimpson Lane Development Budget and Construction Contract Commitment was submitted.

Council noted that there was a confidential appendix to the report which was not referred to and therefore the exclusion of the press and the public was not required.

RESOLVED:

(i)  That a transfer of £2.122M from the ECO – City Energy Scheme to the Estate Regeneration – Woodside/Wimpson Scheme within the Housing Revenue Account Capital Programme be approved;

(ii)  That the addition of £0.909M to the Estate Regeneration – Woodside/Wimpson Scheme within the Housing Revenue Account Capital Programme, funded from retained Right-to-Buy Capital Receipts be approved;

(iii)  That total capital expenditure of £26.014M on the Woodside/Wimpson Scheme, from the provision within the Housing Revenue Account Capital Programme, phased £0.614M in prior years, £2.488M in 2017/18, £10.579M in 2018/2019, £10.822M in 2019/2020 and £1.511M in 2020/21 be approved;

(iv)  That authority be delegated to the Head of Capital Assets following consultation with the Leader, Service Director: Finance and Commercialisation and the Service Director: Legal Governance to enter into a JCT Design and Build Contract with Drew Smith Ltd;

(v)  That authority be delegated to the Head of Capital Assets following consultation with the Leader, the Service Director: Finance and Commercialisation and the Service Director: Legal and Governance to consider the implications for the Council and subsequently, if appropriate to agree terms for the sale and lease back of the completed development as well as the Erskine Court development completed in 2016; and

(vi)  That authority be delegated to the Director of Adults, Housing and Communities following consultation with the Leader, the Head of Capital assets, Service Director: Legal and Governance and the Service Director: Finance and Commercialisation to use this scheme as a pilot project to explore detailed scheme-based service charges and any implications on tenure mix.

NB: Cllr Morrell declared a pecuniary interest and withdrew from the meeting.