Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To seek approval of the process toward appointment of contractors for the construction of new affordable homes at the Bridge Road and Hampshire Rose sites. To also advise the Executive of the envisaged funding arrangements for these sites and other Fareham Housing led potential development opportunities.
The report provides Members with an update on eight potential development sites either to be used for, or currently being considered for, affordable housing provision.
It seeks Executive approval for delegated authority that will allow a time efficient appointment of an appropriate contractor to build out the Hampshire Rose (i.e. 96 Highlands Road) and Bridge Road sites.
The report also seeks to update Members on the current position with other potential development sites and to provide an overview of the funding available. This includes matters relating to the removal of the borrowing cap on the Housing Revenue Account.
RESOLVED that the Executive:
(a) agrees that the contract award and appointment of contractor(s) for the Hampshire Rose and Bridge Road development sites be delegated to the Director of Finance and Resources, following consultation with the Executive Member for Housing.
(b) notes the on-going progress with Fareham Housing led potential development opportunities; and
(c) notes the funding mechanisms available for the delivery of further sites.
Publication date: 04/12/2018
Date of decision: 03/12/2018
Decided at meeting: 03/12/2018 - Executive
Effective from: 15/12/2018