Decision details
ALMO New Build Programme
Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To approve the disposal of the Ander Close, Mead Court and Coppermead Close Garage sites to BHP at nil financial consideration in order to develop five new affordable units for rent.
Decision:
(i) that approval be given to dispose of the Council owned HRA land at the Ander Close, Mead Court and Coppermead Close Garage sites to BHP at nil financial consideration;
(ii) that approval be given to enter into a building lease with BHP under which they will agree to procure the construction of the five new homes on terms to be determined by the Director of Housing and Community Care in consultation with the Borough Solicitor;
(iii) that BHP be authorised to finance the development using its reserves to cover the shortfall in funding the scheme subject to the availability of grant. The reserve sum is shown in appendix 4 of the report from the Director of Finance and Corporate Resources;
(iv) that BHP be authorised to enter into a new Grant Agreement with the HCA and allow the Council to enter into:
(1) a Performance Guarantee Bond in respect of the Grant Agreement on terms to be approved by the Director of Finance and Corporate Resources
(2) a Rent Charge Agreement to charge the council’s freehold land to the HCA as required by the Grant Agreement on terms to be approved by the Borough Solicitor.
Wards Affected: Dollis Hill; Fryent; Wembley Central;
Other reasons / organisations consulted
Internal
Contact: Maggie Rafalowicz, Housing Strategy and Regeneration Email: maggie.rafalowicz@brent.gov.uk Tel: 020 8937 4066.
Report author: Maggie Rafalowicz
Publication date: 16/09/2010
Date of decision: 14/09/2010
Decided at meeting: 14/09/2010 - Executive
Accompanying Documents:
- h&cc-ALMO PDF 579 KB
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- Restricted enclosure View reasons restricted
- Restricted enclosure View reasons restricted