Issue - meetings

Procurement Update PP-18002 - Small sites newbuild Council Housing Phase 4

Meeting: 04/09/2018 - Cabinet (Resources) Panel (Item 9)

Procurement Update PP-18002 - Small Sites Newbuild Council Housing Phase Four

[To approve a virement to increase the Housing Revenue Account capital budget for the New Build Programme to fund the award of contract for the construction of 35 new council houses across seven sites]

Additional documents:

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Decision:

1.     That a virement of £0.5 million from the Housing Revenue Account (HRA) Capital Budget for the New Build Programme to increase the HRA Capital Budget for Small Sites Phase Four to £4.5 million be approved.

 

2.     That authority be delegated to the Cabinet Member for City Assets and Housing in consultation with the Service Director City Housing and the Director of Finance, to approve agreements including deed of covenants, collateral warranties, assignments and such other ancillary agreements, including capital variations as may be deemed necessary to facilitate the above developments.

Minutes:

Councillor Peter Bilson presented the report that requested approval to a virement of £0.5 million from the Housing Revenue Account Capital Budget for the New Build Programme to fund Award of Contract for the construction of 35 new council houses across seven sites in the city.

 

Resolved:

1.    That a virement of £0.5 million from the Housing Revenue Account (HRA) Capital Budget for the New Build Programme to increase the HRA Capital Budget for Small Sites Phase Four to £4.5 million be approved.

 

2.    That authority be delegated to the Cabinet Member for City Assets and Housing in consultation with the Service Director City Housing and the Director of Finance, to approve agreements including deed of covenants, collateral warranties, assignments and such other ancillary agreements, including capital variations as may be deemed necessary to facilitate the above developments.