Decision

1. That capital expenditure of up to £480,000 be authorised to allow for professional fees, site investigative work and surveys to allow the submission of a planning application for the St. Peter’s Car Park site, to be funded from the unallocated new homes capital budget, and it be noted this work proceeds at a financial risk to the council.
2. That the Corporate Head of Asset Management, in consultation with the Cabinet Member for Good Homes, be authorised to prepare and submit a planning application for the redevelopment of the St. Peter’s Car Park site.
3. That the Corporate Head of Asset Management be authorised to enter into any required planning/legal agreements to facilitate the granting of planning consent.
4. That the Corporate Head of Asset Management be authorised to invite tenders to undertake the design and build of the consented scheme.
5. That a Final Business Case report, including details of valuation and appropriation of the site from the General Fund to the Housing Revenue Account, will be presented to Cabinet after tenders are evaluated and the final tender price is known, to agree whether to proceed with the scheme and to award and enter into a construction design and build contract with the preferred bidder.
6. That progress reports on the scheme be submitted to the Cabinet Committee: Housing as part of the standing New Homes programme update agenda item.