Sythwood Residential Units EXE18-116
Additional documents:
Minutes:
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.
8 Sythwood Residential Units EXE18-116 PDF 72 KB
Reporting Person – Ray Morgan
Additional documents:
Minutes:
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.
Sythwood Residential Units EXE18-116
Reporting Person – Ray Morgan
Additional documents:
Minutes:
The Chairman advised that the item had been deferred to the Executive on 22 November 2018.