(i) To accept the grant sum of £ 970,804 from the Homes and Communities Agency (HCA) to build new Council homes under the LA New Build scheme on 2 sites in the city at:-
(ii) To approve, in accordance with Financial Procedure Rules, overall capital expenditure of £1,941,608 within the Housing Revenue Account Capital Programme for 2010-2011 and 2011 – 2012 for the following additional LA New Build schemes:-
|
|
2010 - 2011 |
2011 - 2012 |
Total |
|
Leaside Way |
£ 251,472 |
£ 251,472 |
£ 502,943 |
|
Cumbrian Way |
£ 719,332 |
£ 719,332 |
£ 1,438,665 |
|
|
£ 970,804 |
£ 970,804 |
£ 1,941,608 |
(iii) To delegate authority to the Solicitor to the Council, following consultation with the Executive Directors of Neighbourhoods and Resources and Cabinet Member for Housing and Local Services, to undertake all necessary actions to achieve the proposals within the Report, such as entering into the Homes and Communities Agencies grant contract, all consequential contracts, and rent setting for the new homes.