Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: April 9, 2025

Purpose: Approval to purchase five affordable units from WV Living

Content: 1.      That the purchase of five homes for affordable rent from WV Living on the Daisy Bank Development through a standard form of Development Agreement, also paying a pro rata share for the professional services of an Employers Agent, Clerk of Works and Principal Designer (appointed by WV Living) at the agreed purchase price, including professional services, as detailed in Exempt Appendix 1 be approved. 2.      That a contract be entered into, using a standard form of Development Agreement, between the Council and WV Living, including staged payments (as detailed in the Development Agreement). 3.      That the Council be authorised to enter and execute a contract including deed of covenants, deed of grants, collateral warranties, assignments, transfers, the grant of easements, wayleaves and any other such ancillary agreements and/or legal professional services, as deemed necessary to facilitate the delivery of this project.