Decision details

RECOMMENDED: 

1)   That Council be recommended to approve anamendment tothe Capitalbudget estimate from £48.367m to £54.462m, as detailedin section 9 of the report through a revised Capital Programme.

2)   That the Executive Director (Development Services), in consultation with the Portfolio Holder for Development & Regeneration and Monitoring Officer begiven delegatedauthority to approve the final terms of a Project Partnering Contract (PPC) 2000 with Lovell Partnership Limited (LPL) under the Major Housing Partnership DevelopmentManagement Agreement(30 April2015) todeliver thisproject.

3)   Thatthe Councilshall disposeof theproperties as set out in Table 1 of the report, with the affordable and private rented tenures transferred to the Council’s wholly owned subsidiariesWest Norfolk Housing Company Limited (WNHC) and WestNorfolk PropertyLimited (WNPL).

4)   That the Executive Director (Development Services), in consultation with the Portfolio Holder for Environment, the Portfolio Holder for Development & Regeneration, and the Monitoring Officer, determine the future management arrangements for the proposed wildlife and environment site to the East of the development.

Reasonfor Decision

·                To deliver on council corporate objectives: 

·                Delivering growth in the economy and with local housing

·                Protecting and enhancing the environment, including tackling climate change; deliver on the council’s commitment to be carbon neutral by 2035;

·                Improving social mobility and inclusion through stimulation of economic activity in the local area;

·                Creating and maintaining good quality places that make a difference to people’s lives.

·           To deliver affordable and private rented (PRS) housing for acquisition by the council’s wholly owned housing companies to support the delivery of council corporate objectives