Decision details

In response to Member questions, advice was given on the value of the land, the contract and tender procedure.

Councillor M Smith left the meeting.

Councillor Keeling left the meeting.

Following the conclusion of the discussion on the report it was proposed by Councillor Palethorpe, seconded by Councillor Sanders and

RESOLVED

That the press and public be re-admitted to the meeting.

It was proposed by Councillor Buscombe, seconded by Councillor Jackman and

RESOLVED

That the Council:

1.     Approve the Sherborne House car park project for the design and construction of twenty-three Social Rented flats, associated infrastructure and external works.

2.     Approve the update of this project within the Capital Programme and accordingly to increase the Capital Programme and allocation of expenditure for the project to £7,243,317.

3.     Authorise the Director of Customer Experience & Transformation, in consultation with the Executive Member for Housing and Homelessness and the Chief Finance Officer and following the determination of the grant applications set out in the report, to enter into the contract for the development with Nevada Construction provided that the project achieves a minimum 1% return on the Council borrowing.