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It was MOVED, SECONDED and RESOLVED:
 

To approve the proposed change to delivery approach for Phase 3
of the Achilles Estate regeneration project
To approve the establishment of a £69.2m Major
Acquisitions & Land-led Development (MALD) budget within the
total of the Building for Lewisham programme’s HRA budget as
set out in Part 2 of the report.
To delegate authority to the Executive Director for Place, in
consultation with the Executive Director for Corporate Resources
and the Cabinet Member for Inclusive Regeneration and Planning, to
undertake MALD commercial negotiations and contract negotiations as
set out in Part 2 of this report.
To approve the revised financial position and budget
implications to the HRA and GF as set out within part 2 of the
report.
To agree to the appropriation of the Council owned land known
as the Mayfield Hostel, as outlined in Appendix A, from housing
purposes to planning purposes under Section 122 of the Local
Government Act 1972 as it is no longer required for the purpose for
which it is currently held, and the Council believes that the
acquisition will facilitate the carrying out of development,
redevelopment or improvement on or in relation to the land pursuant
to section 226(1)(a) of the Town and Country Planning Act
1990.
To agree to the appropriation of the Council owned land known
as the Mayfield Hostel, as outlined in Appendix A, from planning
purposes back to housing purposes under Section 122 of the Local
Government Act 1972.
To delegate authority to the Executive Director Place in
consultation with the Director of Law and Corporate Governance to
deal with any necessary arrangements to record the appropriation of
the Mayfield Hostel site for planning purposes including the
transfer of the land from the Housing Revenue Account (HRA) to the
General Fund account (GF) at the current red book value; the
transfer of the land from the GF to the HRA at the current red book
value; to negotiate and enter into agreements by deed and payment
of compensation for the release of third-party rights where this
can be achieved on reasonable terms within a reasonable timescale;
and to take all necessary steps to settle claims for compensation
pertaining to rights of light under section 204 of the Housing and
Planning Act 2016.