Decision details

That Cabinet;

1.  Approves the expenditure of a further £29.8m on acquisitions in future phases of the Aylesbury Estate programme.

2.  Approves contractual and leasehold acquisition variations to the original project budget for the Aylesbury Estate programme of £13.32m.

3.  Approves the expenditure of £165,000 as discretionary payments to council tenants from later phases of the Aylesbury programme moving to new homes on Plot 18.

4.  Delegates authority to negotiate and approve a further variation of the development partnership agreement with NottingHill Genesis to the Strategic Director of Housing and Modernisation in consultation with the Strategic Director of Finance and Governance, the Leader and relevant Cabinet Members and to conclude that variation.

5.  Approves the variations to the Housing Investment Programme as set out in the Closed Report to accommodate the financial implications of this proposed DPA variation.

6.  Notes that a report will be presented to a future Cabinet meeting on the revised way forward for rebuilding the Aylesbury estate, to provide more council homes and to make the estate greener,  working hand in hand with Aylesbury estate residents