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That
 
1. 
The Capital Investment for the delivery of 26 new
homes be approved, on the basis that all homes will be held for
affordable housing, on the assumption the increase of GLA grant is
approved.  Noting this requires
£4,717k of
external borrowing for the Council (as detailed in section 6 of the
report).  If the revised GLA grant is
not received, the scheme will remain as was previously agreed;
2. 
An additional revenue contribution of
£244k be approved to part-finance
the capital costs of the Library element
of scheme, as detailed in section 6 of this report. Provision for
this sum will be identified in central contingency as part of the
2023/24 revenue budget outturn (see also Q3 2023/24 Revenue budget monitoring report on
agenda for this meeting of Executive);
3. 
The required changes to be submitted via a planning
variation be approved; and,
4. 
Any additional grants in relation to this scheme be
accepted.