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Lewes and Eastbourne
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Issue - meetings

Bedfordwell Road Update

Meeting: 11/09/2019 - Eastbourne Borough Council Cabinet (Item 29)

29 Housing delivery update: Bedfordwell Road pdf icon PDF 83 KB

Report of Director of Regeneration and Planning

Lead Cabinet member: Councillor Alan Shuttleworth

 

(This report contains an exempt appendix. Any discussion of this must take place at item 14 following exclusion of the public.)

Decision:

(Key decision):

 

(1) To delegate authority to the Director of Regeneration & Planning in consultation with the Portfolio holder for Housing and the Chief Finance Officer to move the development of the Bedfordwell Road scheme through to Stage 2 of the Clear Sustainable Futures (CSF) process to allow the Council to fully understand the financial and delivery options for the site.

 

(2) To delegate authority to the Chief Finance Officer in consultation with the Council Leader to release £1.218m from the existing scheme capital allocation to meet the costs of progressing the development of the scheme through to Stage 2 with CSF.

 

(3) To bring a further report back to Cabinet once the Council has reached Stage 2 and are in a position to report comprehensively on the financial viability of the scheme and to determine the best way of proceeding for tax efficiency purposes and agree a budget in the Housing Revenue Account and/or General Fund.

Minutes:

The Cabinet considered the report of the Director of Regeneration and Planning setting out options for delivery of new homes and community facilities at Bedfordwell Road.

 

Resolved (Key decision):

 

(1) To delegate authority to the Director of Regeneration & Planning in consultation with the Portfolio holder for Housing and the Chief Finance Officer to move the development of the Bedfordwell Road scheme through to Stage 2 of the Clear Sustainable Futures (CSF) process to allow the Council to fully understand the financial and delivery options for the site.

 

(2) To delegate authority to the Chief Finance Officer in consultation with the Council Leader to release £1.218m from the existing scheme capital allocation to meet the costs of progressing the development of the scheme through to Stage 2 with CSF.

 

(3) To bring a further report back to Cabinet once the Council had reached Stage 2 and are in a position to report comprehensively on the financial viability of the scheme and to determine the best way of proceeding for tax efficiency purposes and agree a budget in the Housing Revenue Account and/or General Fund.

 

Reason for decisions:

 

To enable the next stages of procurement required to allow the construction works to deliver new homes and facilities for the town.