Decision details

1. To seek approval for the Full Business Case (FBC) for the conditional assignment of a property lease from a Registered Provider of Social Housing and to conditionally approve the release of capital.
2. To update cabinet on options for extending the lease with the Hospital Trust for 24 units of accommodation.

That Cabinet:

1.      Approved the Full Business Case at Appendix A and exempt appendix I and the allocation of the capital budget up to £980,000, to support the delivery of the refurbishment of the city centre flats.

2.      Approved the assignment of a property lease from a Registered Provider of Social Housing, pending a satisfactory property review to confirm the costs set out in the Full Business Case (£980,000).

3.      Authorised the Executive Director – Growth and Regeneration in consultation with Cabinet Member with responsibility for Housing Delivery and Homelessness and the Director of Finance (S151 Officer) to take all steps required to negotiate the assignment of the property lease and procure and award contracts (which may be over the key decision threshold) for the refurbishment of the city centre flats for use as TA.

4.      Authorised the Executive Director – Growth and Regeneration in consultation with Cabinet Member with responsibility for Housing Delivery and Homelessness and the Director of Finance (S151 Officer) to take all steps required to negotiate the extension of the lease with the Hospital Trust, to maximise savings through the continued use of the 24 flats for TA.