Decision - New Homes For Neighbourhoods - Scheme Approval Victoria Road

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New Homes For Neighbourhoods - Scheme Approval Victoria Road

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Decision Maker: Policy, Resources & Growth Committee

Decision status: Recommendations approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The report seeks final scheme approval for the proposed residential development of the former Victoria Road Housing Office site (adjacent to Portslade Town Hall) and the re-location of Portslade Bowls Club to Victoria Road Recreation Ground.

Decision:

RESOLVED: That the Committee –

(i) Approved the site within the redline boundary (see Appendix 1) to be appropriated to the HRA from the General Fund for a capital receipt of £1.454m for planning purposes;

(ii) Delegated authority to the Executive Director of Environment, Economy and Culture to appropriate for housing purposes once the development is complete;

(iii) Approved a budget of £12.914m financed by HRA borrowing, right to buy receipts and Government Land Release funding to form part of the HRA capital programme for 2019/20 – 2021/22.

Report author: Jo Thompson

Publication date: 06/12/2018

Date of decision: 06/12/2018

Decided at meeting: 06/12/2018 - Policy, Resources & Growth Committee

Accompanying Documents: