RESOLVED that the Executive:
(a) approves the terms of the Memorandum of Understanding with Homes England to help secure the £42m Housing Investment Grant for Welborne Garden Village as attached at the Confidential Appendix A to this report;
(b) delegates authority to complete the Memorandum of Understanding to the Director of Planning and Regeneration, following consultation with the Council’s s151 Officer and the Executive Leader of the Council; and
(c) requests that the Head of Development Management incorporates these provisions in the legal agreement for Welborne pursuant to Section 106 of the Town and Country Planning Act 1990.