Issue details

To seek approval to update the funding arrangements to deliver nine new affordable home ownership flats at Ophelia Court, the former Coldeast Scout Hut site on Montefiore Drive and to seek updated approval of the process toward the appointment of contractors, following contractor tender returns for the scheme.

The report provides Members with an overview of the updated funding arrangements proposed for the delivery of nine new flats for affordable home ownership at the former scout hut site, to be known as Ophelia Court.

Further details surrounding the funding arrangements, including the total estimated cost to deliver the project, are provided in the confidential Appendix A attached to the report.

In addition to the funding arrangements, this report seeks updated Executive approval for delegated authority that will allow a time efficient appointment of an appropriate contractor to build out the scheme.