A report from the Director of Regeneration and Environment is attached. This should be read in conjunction with Report No.138, agenda part one refers. (Key decision – reference number 4119)
(Report No.140)
(9.15 – 9.20 pm)
(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)
Minutes:
Councillor Ahmet Oykener (Cabinet Member for Housing and Housing Regeneration) introduced the report of the Director – Regeneration and Environment (No.140).
NOTED
1. That Report No.138 also referred as detailed in Minute No.11 above.
2. That a number of amendments were tabled to the report, as reflected in the decisions below. The amendments were as follows:
· Paragraph 2.1 - After “planning costs” add “of £870,000”, and after “vacant possession costs” add “of £703,000”
· Paragraph 2.2 - Delete “appraisal summary” and add “information from paragraphs 3.22 to 3.28”, and delete “set out in Table 2”. After “Cabinet in November”, add a new sentence; “Further financial modelling work will be undertaken and presented to Cabinet at a later date”.
· Delete Paragraph 2.5 which starts with “Delegate” (Note this was the first of a duplicated paragraph 2.5)
· Paragraph 2.5 – Delete “the above recommendation” and add “paragraph 2.1 of the Part 1 report”.
· Paragraph 2.6 – after “Appendix 2 and” add “delegate authority to the Director – Regeneration & Environment and the Director of Finance, Resources & Customer Services” and delete “authorise the Council”
· Delete Paragraph 2.7 which starts with “Authorise the Council”.
3. As detailed in the discussion of the part one report, to ensure that Children’s Services were included in the decision making processes on the educational aspects of the scheme proposals. Councillor Orhan emphasised the importance of this consultation and, the need to consider the demand for school places in the area as part of the scheme development.
4. The financial viability of the proposals as outlined in the report. The detailed proposals and options were discussed and noted.
Alternative Options Considered: NOTED the alternative options that had been considered as set out in section 4 of the report.
DECISION: The Cabinet agreed to
1. Note the outline development budget in table 1 of the report, and authorise expenditure of “professional fees, technical surveys and planning costs of £870,000” to achieve planning consent, and “vacant possession costs of £703,000” to enable the development of the scheme.
2. Note the financial information from paragraphs 3.22 to 3.28 of the report, and the preferred financial model for this scheme proposal with reference to the Cabinet report: “Setting up a Registered Provider and procuring an investment partner for the registered provider (Key decision 4205)” which had been approved by Cabinet in November. Further financial modelling work would be undertaken and presented to Cabinet at a later date.
3. Delegate authority to the Cabinet Member for Finance and Efficiency and the Director of Finance, Resources and Customer Services, in consultation with the Cabinet Member for Education, Children’s Services and Protection and the Interim Director of Children’s Services, to consider an options paper for the Angel Community Centre and authorise a decision on whether full redevelopment and re-provision, or comprehensive refurbishment be undertaken.
4. Authorise the commencement of a procurement process to appoint a building contractor through an OJEU compliant process or framework, on confirmation that the final scheme budget had been approved as per paragraph 2.1 of the part one report.
5. Note the draft Heads of Terms detailed in appendix 2 of the report and delegate authority to the Director – Regeneration and Environment and the Director of Finance, Resources and Customer Services to enter into a commercial agreement on this basis with Riverside ECHG, to ensure that comprehensive redevelopment of the site could be delivered.
Reason: NOTED the reason for the recommendations as set out in full in section 5 of the report.
(Key decision – reference number 4119)
Supporting documents: