Issue - meetings

RECOMMENDED:      That the signing of contracts and start of works for NORA Phase 3 be authorised.

Reason for Decision

To allow the development on Nar Valley Park (NORA) to be completed

Cabinet considered a report which updated Members on progress made on the NORA Housing project for phases 1 and 2, and invited Members to agree to give delegated authority to the Chief Executive and the Chief Financial Officer in consultation with the Portfolio Holder for Regeneration, to authorise the signing of contracts to enable the start of works for Phase 3. 

It was noted that the risk elements of the scheme had been included in the report, and the mitigation explained.  The project to date was complimented, the design, rate of sale of the properties and their energy efficiency was commended and the Members and Officers involved in the scheme congratulated. 

RECOMMENDED:      That the signing of contracts and start of works for NORA Phase 3 be authorised.

Reason for Decision

To allow the development on Nar Valley Park (NORA) to be completed.