Issue - decisions

To agree the transfer of Plot E2, Hengrove Bookends to Goram Homes and enter a golden brick Development Agreement to deliver (to an agreed specification) and sell a 53-unit scheme to HRA in accordance with the planning consent (ref 21/02982/FB). The works to include all associated highway works and is subject to a Stopping Up Order.
The transfer of Plot E2 is by way of a sale contract subject to vacant possession with an option to buy the site back if Goram Homes have not commenced development within 18 months of the transfer. Goram will also be granted a licence over Plots E1 and E3 to use as compound areas and car parking during the construction work. The transfer will be completed simultaneously on entering the Development Agreement.
Cabinet Authority to dispose of the Bookend Plot to Goram Homes and for HRA to acquire affordable units within Hengrove Park (including Plot E2) is provided by 3 separate Cabinet Reports: -
•March 2021 Cabinet Report “Land Disposals to Goram Homes to Support Housing Delivery” This approved a list of 12 council-owned sites (not including Hengrove Park) for transfer to Goram Homes at a deferred capital receipt.
•January 2022 Cabinet Report “HRA Budget and Business Plan 2022-23”. This gave authority for the HRA to acquire affordable units in future phases of Hengrove Park (including the Bookend Plots/ Plot E2) and identified the proposed delivery route for the Bookend Plot as a developer led scheme.
•March 2022 Cabinet Report “Goram Homes – Pipeline of Housing Delivery Sites” – This allocated a further list of council-owned sites for disposal to Goram Homes, including Hengrove Park (all future phases/ plots within the approved outline consent and masterplan, which includes Plot E2).