Decision details

RESOLVED:           That the following be approved:

1)       To proceed with the Lynnsport 1 development to deliver 96 homes with Lovell Partnership Limited (LPL) under the Major Housing Partnership Development Management Agreement (30 April 2015).

2)             That the Executive Director - Place, in consultation with the Portfolio Holder for Business and Monitoring Officer be given delegated authority to approve the final terms of a Project Partnering Contract (PPC) 2000 with LPL to deliver this project.

3)             That the Council shall dispose of the properties in accordance with the tenure mix as set out in Table 2 of the report. In line with the corporate strategy.

4)             Pending the transfers referred to at resolution 3 above, the affordable and private rented tenures may be leased to WNHC and WNPL respectively.

5)             That the Development be formally classed as a Major Project.

RECOMMENDED:

1)             That Council approve the Capital budget estimate as detailed in section 5 and appendix 2 of the report.

Reason for Decision

·      Deliver housing of a range of tenures to meet local needs

·      To deliver on Council Corporate Objectives:  

o   Promote growth and prosperity to benefit West Norfolk;

o   Protect our environment;

o   Efficient and effective delivery of our services; and,

o   Support our communities.

·      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.

·      As a major project, it may be monitored by the Members Major Project Board.

·      Cabinet did not resolve to exclude the press and public for discussion on  the exempt appendix.