Decision details

To approve the detailed delivery arrangements with Notting Hill Genesis for the delivery of council homes at the First Development Site (Phase 1b/1c) of the Aylesbury Estate

It was not possible to circulate this report five clear days in advance of the meeting. The chair agreed to accept this item as urgent due to the need for the council to conclude the revised contractual arrangements with Notting Hill Genesis (NHG) in order to secure the delivery of new council homes along with the associated and additional grant funding and, in turn, to be able to let the contract for Package B now on the basis of the negotiated tender.

RESOLVED:

1.  That in principle approval to the arrangements set out in the report for the delivery of 581 new council homes on the First Development Site at the Aylesbury Estate be confirmed.

2.  That authority be delegated to the strategic director of housing and modernisation, in consultation with the strategic director of finance and governance and director of regeneration, to approve the detailed arrangements in line with the principles set out in the report.

3.  That a further budget of £2.4m to meet the increase in estimated construction cost be approved and a reduction in anticipated Greater London Authority (GLA) grant available of £3.5m be noted.