17 Estate Renewal Programme Update
To receive a report from the Executive Director of Regeneration and Environment on the estate renewal programme. (Report No: 20) (Key decision reference number 4497)
This report should be read in conjunction with the report no 20 on the part 1 agenda.
Cabinet is due to consider this report on 13 July 2017. If the recommendations in the report are approved, Council will be asked to agree an addition to the Council’s Capital Programme.
The Cabinet decision will be reported to Council on the green update sheet tabled at the meeting.
(This document contains exempt information as defined in Paragraph 3 (information relating to the financial or business affairs of any particular person (including the authority holding that information)) of Schedule 12A to the Local Government Act 1972 as amended).
Additional documents:
Minutes:
Councillor Oykener moved and Councillor Lemonides seconded the part 2 report of the Executive Director Regeneration and Environment on the Estate Renewal Programme (Report No: 23)
NOTED
1. The majority group view that the increases proposed in the project budgets had arisen because:
· More units were being built,
· To make sure that the projects were financially viable
· To enable the Council to gain vacant possession of all the properties required.
2. The concerns of the Opposition, although supportive in principle of the estate regeneration, including:
· The feeling that the Alma scheme was over ambitious and that a more modest proposal would be more acceptable.
· The costs increases were too large.
· That it would be difficult to relocate so many people including leaseholders who may not want to move.
· Fear that the administration was not fully understanding of the problems ahead.
· The uncertainty around being able to achieve the surplus forecast.
3. The response of the Majority Group that they had already decanted a significant number of people and purchased over half of the leases. The ruling administration was proud of their achievements in increasing the number of homes available.
Following the debate the recommendations were put to the vote and agreed with the following result:
For: 29
Against: 16
Abstentions: 0
AGREED
1. To note that Cabinet (13 July 2017) had agreed to delegate authority to the Executive Director of Finance, Resources and Customer Services to monitor and review the financial implications to the Council of the housing projects that connect into the LVHN.
Alma Estate-
2. To note that Cabinet (13 July 2017) had agreed to delegate authority to the Executive Director of Regeneration and Environment, acting in consultation with the Executive Director of Finance Resources and Customer Services, to enter into the relevant Supplemental Development Agreement and Phase Lease agreements as set out in the part 2 report.
3. To note the Revised Net Position to the Council and the overall improvement. Further details in the part 2 report.
4. To approve an increase in the total budget for vacant possession, council homes and other items as detailed in the report.
5. To note that Cabinet (13 July 2017) had approved the changes to the DA contained within the SDA and Phase 1 related leases to facilitate the regeneration of the Alma Estate in accordance with the contents of this part 2 report and the Part 1 report.
6. To note that Cabinet (13 July 2017 had agreed to delegate authority to the Executive Director of Regeneration and Environment, acting in consultation with the Executive Director of Finance Resources and Customer Services to enter into the relevant Supplemental Development Agreement and Phase Lease documents.
7. To note that work was being undertaken to examine the option of the Council purchasing circa twenty of the Newlon shared ownership for Alma leaseholders and in the event this purchase option is recommendable, notes a further Cabinet report will be brought forward.
New Avenue -
8. To note the total ... view the full minutes text for item 17