Decision details

The Acquisition of New Build Housing Scheme at Former Walters Building, Butetown for Council Housing

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The council has an opportunity to enter into a 'land deal' with Cadwyn Housing Association (known as. a Package Deal) for the construction and delivery of 50 flats on the former Walters Buildings, Clarence Road, Butetown for an agreed price.

Cadwyn are seeking an 'in-principle' agreement that the Council will enter into a Package Deal for the development subject to Heads of Terms being agreed.

Decision:

Appendices 2 & 3 to this report are not for publication as they contain exempt information of the description contained in paragraph 14 of Part 4 and paragraph 21 of Part 5 of Schedule 12A to the Local Government Act 1972

 

 

RESOLVED: that authority be delegated to the Director for Communities, Housing & Customer Services to enter into a contract with Cadwyn Housing Association for the acquisition of 50 flats subject to Heads of Terms being agreed including all due diligence and viability approval.

 

Publication date: 15/12/2017

Date of decision: 14/12/2017

Decided at meeting: 14/12/2017 - Cabinet

Effective from: 29/12/2017

Accompanying Documents: