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9 S106 Social Housing Purchase – Clerk Maxwell Road PDF 3 MB
Minutes:
This item was Chaired by Councillor
Todd-Jones
Matter for
Decision
i. The City Council had agreed a devolution deal with government to deliver 500 new Council homes over 5 years.
ii. Clerk Maxwell Road is a scheme of 35 units being brought forward by Hill in conjunction with Trinity College Cambridge and has been identified as a potential S106 opportunity with Hill. The proposed scheme will provide 14 new Council rented dwellings (40%).
iii. The report sought approval for a capital budget for the acquisition of the 14 affordable units as Council rented units based on an initial appraisal of the scheme and approval for the delivery route to be adopted.
Decision
of Executive Councillor for Housing
i.
Noted the indicative mix of the proposed scheme to
include 10 no. one bedroom flats and 4 no. two bedroom flats to meet minimum
Council space standards requirements (NDSS) and provision of through floor
lifts.
ii.
Approved that the scheme be brought forward with an
indicative capital budget for the scheme of £2,837,760 to cover all of the
purchase and construction costs, legal and professional fees and associated
other fees to deliver a scheme that meets an identified housing need in
Cambridge City.
iii.
Noted that the scheme is indicative and authorise
the Strategic Director in consultation with the Executive Councillor to approve
variations to the scheme including the number of units and mix of property
types and sizes outlined in this report.
iv.
Approved that the site is progressed subject to
agreement of terms and a value for money assessment to be carried out on behalf
of the Council prior to entering into a build contract with Hill.
Reason for the Decision
As set out in the Officer’s report.
Any Alternative Options Considered and Rejected
Not applicable.
Scrutiny
Considerations
The Committee received a report from the Manager, Housing Development Agency.
The Manager, Housing Development Agency said the
following in response to Members’ questions:
i.
A Head of Terms agreement had been agreed with the developer.
The Committee resolved (by 4
votes to 0) to endorse the recommendation.
The Executive Councillor
approved the recommendations.