Issue - decisions

Purchase of affordable rent and shared ownership units - Northicote development (WV Living)

20/01/2022 - Purchase of affordable rent and shared ownership units - Northicote development (WV Living)

1.      That the purchase of 29 homes for affordable rent and 16 homes for shared ownership units from WV Living on the Northicote housing development site through a standard form of development agreement at the agreed purchase as detailed in exempt Appendix 1 to the report be approved.

 

2.      That approval be granted to enter into contract using a standard form of development agreement between the Council and WV Living including staged payments as detailed in exempt Appendix 2 to the report.

 

3.      That Chief Operating Officer or other authorised officers be authorised to execute the contract agreement, transfers, associated wayleave agreements, deed of easements, deeds of grant, collateral warranties together with any ancillary agreements.