Issue - decisions
Acquisition of the Affordable Housing site, Neville & Winterly, South Kilburn Regeneration
12/04/2022 - Acquisition of the Affordable Housing site, Neville & Winterleys
Cabinet RESOLVED:
(1) To approve the proposed acquisition of the 101 affordable units for the purchase price detailed in Appendix 1 of the report (which contained exempt information) from the Preferred Bidder, subject to it being selected as the developer partner for the NWCC site, on the basis of receipt of GLA funding as detailed in paragraph 3.6 of the report and with the remaining balance to be funded from the capital programme.
(2) To delegate authority to the Strategic Director of Community Wellbeing in consultation with the Cabinet Member for Housing & Welfare Reform to negotiate and agree the terms and thereafter enter into a development and sale and purchase agreement with the Preferred Bidder for the purchase of the 101 affordable units, and thereafter make any variation to the contract if required.