Decision details

The Cabinet will be asked to consider and approve the proposed redevelopment of the Brocklebank Lodge site to provide 25 new Affordable Rent homes at 80% of market rent and 16 specialist housing units for adults with Autism Spectrum Disorder at London Affordable Rent levels.

Cabinet resolved to:

(i)  Agree the proposed redevelopment and use of the Brocklebank Lodge site as shown edged red in the plan at Appendix 1 to the report;

(ii)  Agree that, subject to the grant of planning permission and receipt of satisfactory construction tender prices, the project be financed and held within the residential asset class of the Investment and Acquisition Strategy;

(iii)  Agree the inclusion of the project in the Council’s Capital Programme, subject to securing planning permission and procurement of a contractor in accordance with the project outputs and budget;

(iv)  Agree that the total development cost of £14,903,642 be funded through a combination of GLA grant funding/Right to Buy receipts and borrowing, as set out in section 3.4 of the report;

(v)  Agree that, on completion, the Autistic Spectrum Disorder (ASD) housing land be appropriated from the General Fund to the Housing Revenue Account with the necessary accounting reconciliation;

(vi)  Agree that the affordable rented housing be leased to the Special Purpose Vehicle owned by Barking & Dagenham Renew and Barking and Dagenham Reside Regeneration Ltd, which would manage and maintain the units in accordance with the funding terms in a loan agreement between the Council and the Special Purpose Vehicle;

(vii)  Delegate authority to the Chief Operating Officer, on the advice of the Procurement Board, to approve the final procurement strategy for the project works;

(viii)  Delegate authority to the Chief Operating Officer, in consultation with Director of Law and Governance and the Cabinet Members for Finance, Performance and Core Services and Regeneration and Social Housing, to negotiate terms and agree the contract documents to fully implement and effect the proposals set out in the report; and

(ix)  Authorise the Director of Law and Governance, or an authorised delegate on her behalf, to execute all the legal agreements, contracts and other documents on behalf of the Council.