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Issue - meetings
Property acquisition for 1,000 affordable homes programme
Meeting: 25/01/2023 - Executive (Item 131)
131 Property acquisition for 1,000 affordable homes programme (Staplehurst) PDF 166 KB
Minutes:
RESOLVED: That
1. The financial returns for the proposed acquisition as shown in Appendix 1, which is part 2 of the report, which support the Housing Development and Regeneration Investment Plan and the overall Development Strategy be approved;
2. The Director of Finance, Resources and Business Improvement be granted delegated authority to:
a) Negotiate terms for the purchase of the site, for the sum as shown in the Exempt Appendix 1 of this report.
b) Procure and enter into all such deeds, agreements, contracts, and documents which may be required to facilitate the purchase of the site and the subsequent redevelopment works required to deliver the scheme referred to in this report. Including (but not limited to) any related appointments such as suitably qualified consultants and Contractor.
c) Subject to satisfactory conclusion of all due diligence, to negotiate and finalise and complete all legal formalities, deeds and agreements which may be required to facilitate the purchase.
3. The Head of Mid Kent Legal Services be authorised to appoint the solicitors required to negotiate and complete the necessary contract documentation, deeds and agreements associated with the purchase and construction works on the terms as agreed by the Director of Finance, Resources & Business Improvement; and
4. Post completion of the procurement process, to employ the necessary consultants to progress the planning application. To appoint a contractor to bring forward for approval to this Committee a detailed project delivery and investment plan (prior to the development itself commencing).
See Record of Decision.
Meeting: 17/01/2023 - Communities, Housing and Environment Policy Advisory Committee (Item 116)
Exempt Appendices - Property acquisition for 1,000 affordable homes programme - Staplehurst Ward
Additional documents:
- Restricted enclosure 5 , View reasons restricted (116/2)