F S508 Capital Update and Property Disposals And Acquisitions Report
May 19, 2025 Approved View on council websiteFull council record
Content
RESOLVED:
1.
That the s106 scheme summarised below and set out in
section 11 was approved:
S106
2025/26
£'000
Capital
500
Total
S106 Capital for Approval
500
2.
That the NCIL scheme summarised below and set out in
section 12 was approved:
NCIL
2025/26
£'000
Revenue
370
Total
NCIL Revenue for Approval
370
3.
To sign the Grant Step-down Letter and Partnership
Agreement, formalising our membership of the London Consortium for
Warm Homes Social Housing Fund.
REASONS FOR DECISION
The decisions required are necessary in order
that the schemes within the Council’s approved Capital
programme can be delivered and necessary to approve the property
proposals as set out in this report.
In most cases resources have already been
allocated to the capital schemes as part of the budget setting
exercise but spending approval is required in order for the scheme
to proceed. Where, however, resources have not previously been
allocated, resource approval is requested in this report.
To facilitate financial management and control
of the Council's finances.
DETAILS OF ALTERNATIVE OPTIONS CONSIDERED AND
REJECTED
London’s Strategic
Partnership for Warm Homes Social Housing Fund: Alternative
options are to not sign these documents and lose access to any Warm
Homes funding. This option has been rejected as it removes the
possibility of the organisation benefitting from the grant.
Related Meeting
Cabinet - Monday 19 May 2025 6.00 pm on May 19, 2025
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 19 May 2025 |