123 Next phase modelling of the housing development programme (Part A Report) PDF 188 KB
Leader and Cabinet Member for Finance and Growth will report at the meeting. Report attached.
Minutes:
The Leader presented a Part A report updating Cabinet on the modelling of the development programme for housing development as well as work on likely delivery options.
Delegated decision:
Cabinet agrees to:
1) Note the progress towards a business case for c500 new homes development programme.
2) Progress to the next stage of planning with a total budget of a maximum of £119k taken out of reserves.
3) To bring a further report to Cabinet later this year with a full business case for final approval for a delivery model
Reasons for the decision:
The feasibility work to date indicates that there is merit in proceeding to “full business plan” stage.
Other option considered and rejected:
To reject the recommendations.