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Authority to Vary the Development Funding Agreement for the Fulton Road Project (Recordable Officer Decision)

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26/07/2024 - Authority to Vary the Development Funding Agreement for the Fulton Road Project (Recordable Officer Decision)

That the Director of Property and Assets:

 

i)             Approves the variation of the Council’s requirements under the Development Funding Agreement of 24 March 2023 between the Council and Regal Homes Management Limited, Crown Venture GP LLP (as general partner for Crown Wembley LP), Crown Venture Nominee Ltd and Regal Real Estates Limited for the leasehold purchase and construction of 294 new homes as part of the Fulton Road (“the Development Funding Agreeement’) at additional value of £319,784.44, to allow for wheelchair accessible works.


 

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