Further to Minute 27 (23 August 2011), the Cabinet Member for Housing presented a report on the disposal and delivery options for the Gascoigne Estate element of the Council’s Estate Renewal Programme.
Previous reports to Cabinet on 6 July and 2 November 2010 (Minutes 21 and 49 respectively) established the principles for the Gascoigne Estate project. The Cabinet Member advised that the availability of £18.3m funding from the Homes and Communities Agency and the affordability of the entire Estate Renewal programme had now led to a different approach being proposed to that adopted for the Leys and Goresbrook elements of the programme. Of the three detailed options that had been considered - a partnership arrangement with a Housing Association, the procurement of a development partner via an OJEU compliant Developer Framework, and a stock transfer to a Housing Association - the partnership arrangement with a Housing Association represented, on balance, the best overall approach for the Council and the residents of the area.
Cabinet agreed:-
(i) That the preferred delivery option for the Gascoigne Estate be to select, through an OJEU competitive tender process, a Housing Association to enter into a partnership arrangement with the Council to regenerate the areas identified for redevelopment on the Estate, with the final terms to be agreed under delegated authority by the Corporate Director of Finance and Resources, advised by the Corporate Director of Customer Services and the Divisional Director of Legal and Democratic Services, and in consultation with the Lead Members for Housing and Regeneration; and
(ii) To delegate authority to the Corporate Director of Finance and Resources, subject to the advice of the Corporate Director of Customer Services and the Divisional Director of Legal and Democratic Services, and in consultation with the Lead Members for Housing and Regeneration, to negotiate and agree final terms of all necessary commercial and legal transactions, agreements and contracts, and do all other lawful things necessary to finalise and complete the project as set out in the report.
Further to Minute 49 (2 November 2010), the Cabinet Member for Housing presented a report on the disposal and delivery options for the Goresbrook Village and Leys Estates, which represented two of the three sites in the current Estate Renewal Programme.
The Cabinet Member outlined the main aims of the programme and its funding, which included an £18.3m grant from the Homes and Communities Agency, and referred to the proposed procurement of development partners to deliver the two schemes.
Cabinet agreed:-
(i) That the preferred delivery option for the Goresbrook Village Estate be to procure a development partner through the Homes and Communities Agency Development Partner Panel, with the final terms to be agreed under delegated authority by the Corporate Director of Finance and Resources, advised by the Corporate Director of Customer Services and the Divisional Director of Legal and Democratic Services, and in consultation with the Lead Members for Housing and Regeneration;
(ii) That the preferred delivery option for the Leys Estate be to procure a development partner through the City West ‘Frameworx’ Development Partner Panel, with the final terms to be agreed under delegated authority by the Corporate Director of Finance and Resources, advised by the Corporate Director of Customer Services and the Divisional Director of Legal and Democratic Services, and in consultation with the Lead Members for Housing and Regeneration; and
(iii) The indicative benchmark tenure mix for each site to be used in the development and project briefs as set out in section 2 of the report.