Issue - meetings

The Council received proposals to develop specialist residential accommodation at Sythwood and lease the accommodation to a specialist housing provider.

RESOLVED

That (i)    the provision of new premises at Sythwood for a specialist housing provider be approved subject to Planning Consent, at a Project Cost of £3.564m;

          (ii)   the project be included in the Investment Programme to be financed by Right to Buy Retained Capital Receipts (30%) and Loan (70%);

          (iii) a revenue provision of £250,000 be set aside over 2018/19 to 2019/20 to support the cost of furnishing and to cover the first year’s rent; and

          (iv) the net additional annual cost of £25,000 be taken into account in the Medium Term Financial Strategy for 2020/21 onwards.

Reporting Person – Ray Morgan

The Executive received a report which sought approval of the Executive to recommend to Council that specialist residential accommodation at Sythwood be developed and leased to a specialist housing provider.

REcommended to Council

That  (i)    the provision of new premises at Sythwood for a specialist housing provider be approved subject to Planning Consent, at a Project Cost of £3.564m;

          (ii)   the project be included in the Investment Programme to be financed by Right to Buy Retained Capital Receipts (30%) and Loan (70%);

          (iii)  a revenue provision of £250,000 be set aside over 2018/19 to 2019/20 to support the cost of furnishing and to cover the first year’s rent; and

          (iv)  the net additional annual cost of £25,000 be taken into account in the Medium Term Financial Strategy for 2020/21 onwards.

Reason:   To enable proper provision of specialist residential facilities.

Reporting Person – Ray Morgan

The Chairman advised that the item had been deferred to the Executive on 22 November 2018.