Agenda item - New Homes for Neighbourhoods

That Cabinet

1)             agrees an anticipated budget for the redevelopment of the former Hollingbury Library, Portslade Village Centre and Eastergate Road Former Garage site (“the schemes") in accordance with the detail set out at Part 2 of this report.

2)             agrees to the progression of the development of the schemes and delegates authority to the Corporate Director of City Services to take all necessary steps to enter into the relevant contracts for the development of the schemes in accordance with the terms as set out in this report, in consultation with the Cabinet Member for Housing & New Homes and Acting Corporate Director for Housing, Care and Wellbeing (Housing Lead).

3)             agrees the appropriation of land necessary for the redevelopment of Portslade Village Centre from the General Fund to the Housing Revenue Account for the value outlined in the Part Two report.

30.1      Cabinet considered a report that sought a full construction budget for a package of council-led residential schemes capable of delivering 67 new affordable homes, and approval to enter into relevant contracts subject to project costs clearing the Council’s financial hurdles.

30.2      Resolved-

That Cabinet

1)             agrees an anticipated budget for the redevelopment of the former Hollingbury Library, Portslade Village Centre and Eastergate Road Former Garage site (“the schemes") in accordance with the detail set out at Part 2 of this report.

2)             agrees to the progression of the development of the schemes and delegates authority to the Corporate Director of City Services to take all necessary steps to enter into the relevant contracts for the development of the schemes in accordance with the terms as set out in this report, in consultation with the Cabinet Member for Housing & New Homes and Acting Corporate Director for Housing, Care and Wellbeing (Housing Lead).

3)             agrees the appropriation of land necessary for the redevelopment of Portslade Village Centre from the General Fund to the Housing Revenue Account for the value outlined in the Part Two report.