Cambridge Road Estate (CRE) - Business Plan update

March 19, 2024 Corporate and Resources Committee (Committee) Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

Corporate and Resources Committee noted the updated Phase 1 Business Plan on 19/03/2024. The committee approved authority for the Executive Director of Place to finalise and sign a Supplemental Agreement regarding the change of tenure for 104 homes in phase 1 from private sale to social rent.

Full council record

Decision

RESOLVED that –

  1. The updated Phase 1 Business Plan is noted;
  2. Authority be delegated to the Executive Director of Place to finalise and sign a Supplemental Agreement to record the terms agreed by the Council and the Limited Liability Partnership (LLP) that reflect the change of tenure of 104 homes in phase 1 from private sale to social rent.

Voting: Unanimous

Supporting Documents

Cambridge Road Estate CRE Business Plan - Update.pdf
Annex 1 - Copy of Form A - Equalities Relevance - CRE Business Plan.pdf

Details

OutcomeRecommendations Approved
Decision date19 Mar 2024
Effective from5 Apr 2024
Subject to call-inYes