Decision

F S508 Capital Update and Property Disposals And Acquisitions Report

Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: May 19, 2025

Purpose:

Content: RESOLVED:   1.  That the s106 scheme summarised below and set out in section 11 was approved:   S106 2025/26 £'000 Capital 500 Total S106 Capital for Approval 500   2.  That the NCIL scheme summarised below and set out in section 12 was approved:   NCIL 2025/26 £'000 Revenue 370 Total NCIL Revenue for Approval 370   3.  To sign the Grant Step-down Letter and Partnership Agreement, formalising our membership of the London Consortium for Warm Homes Social Housing Fund.   REASONS FOR DECISION   The decisions required are necessary in order that the schemes within the Council’s approved Capital programme can be delivered and necessary to approve the property proposals as set out in this report.   In most cases resources have already been allocated to the capital schemes as part of the budget setting exercise but spending approval is required in order for the scheme to proceed. Where, however, resources have not previously been allocated, resource approval is requested in this report.   To facilitate financial management and control of the Council's finances.   DETAILS OF ALTERNATIVE OPTIONS CONSIDERED AND REJECTED   London’s Strategic Partnership for Warm Homes Social Housing Fund: Alternative options are to not sign these documents and lose access to any Warm Homes funding. This option has been rejected as it removes the possibility of the organisation benefitting from the grant.  

Supporting Documents

08 - F S508 Capital Update and Property Disposals And Acquisitions Report.pdf

Related Meeting

Cabinet - Monday 19 May 2025 6.00 pm on May 19, 2025