Content

Salford
City Council - Record of Decision
 
Transfer of RSAP
and affordable homes developed by the Council at Tootal Grove to
Derive RP.
 
I, Paul Dennett, City Mayor, in
exercise of the powers contained within the City Council’s
constitution do hereby;
 

Approve the disposal by the Council of 8
Rough Sleeper Accommodation Programme 2021-24 (“RSAP”)
self-contained supported housing apartments and 13 Affordable Homes
Programme 2021-26 (“AHP”) Social Rent homes at the
Tootal Grove site to Dérive RP at the values set out in the
report by way of freehold
transfer.
Note the use of grant funding from
unsupported borrowing to bridge the viability gap of the Tootal
Grove scheme.
Approve the lending of £2,239,754 (inclusive of legal fees
and associated costs) to Dérive
RP to fund the acquisition of the 8 RSAP units and 13 affordable
homes, subject to drawdown by the Council from Homes England of the
agreed RSAP 2021-24 grant funding and the agreed AHP 2021-26 grant
funding.
Delegate authority to
the Executive Director of Place in consultation with the S151
officer to: negotiate, agree, and finalise the detailed terms of
the transaction, including such arrangements on estate management,
repair and service charge and title matters.
Authorise the Shared
Legal Service to prepare all necessary documentation and to take
all steps which are required to give effect to the above
recommendations.

 
The Reasons:          
 
To facilitate the sale and
transfer of completed residential units and use of Homes England
RSAP and AHP grant funding as released.
 
Assessment of Risk is low
 
The source of funding: Housing
Capital Programme, with loan to be repaid by Derive RP over 40 year
term.
 
Legal Advice obtained:  Kathryn Saldana and Sarah Waite, Shared Legal
Service.
Financial Advice obtained:
Grace Rogerson, Capital Finance Manager
 
Procurement Advice obtained:
n/a
 
HR Advice obtained:
n/a
 
Climate Change Advice obtained:
Mike Hemingway - Principal Officer – Climate
Change.
 
All homes are being built to
Passivhaus standard ensuring they are cheaper for residents to heat
and result in significantly lower than average
emissions.
 
The following documents have
been used to assist the decision process: n/a
 
Public briefing report
submitted to Property/Regen Briefing held on 23rd June
2025

Contact Officer: John
Nugent
Asst Principal Development
Surveyor                             
Email: john.nugent@salford.gov.uk
 
 
-      
This decision is not subject to consideration by another Lead
Member.
-      
The appropriate scrutiny to call-in the decision is the Growth and
Prosperity Scrutiny Panel.                       
 
 

Signed:
                                                  
City Mayor
Dated:  23rd June 2025
 
 
This decision was published on  Thursday
26th  June 2025                                          
This decision will come in force at 4.00 p.m.
on  Thursday 3rd July
202 unless it is called-in in
accordance with the Decision Making Process
Rules.