Decision details

Agreement for Wates Residential to progress onto phase 2/3 of the Cardiff Living development programme. Including approval of changes to the Development Agreement and its schedules and the updated JCT 2016 D&B build contract with amendments.

Decision Maker: Corporate Director of People and Communities

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

AGREED: that

 

(i)    Approval be given for Wates Residential to progress onto phase 2/3 of the Cardiff Living development programme identified under the Development Agreement.

(ii)   changes to the Development Agreement and its schedules and the updated JCT 2016 D&B build contract with amendments as set out in this report be approved.

 

Reasons for the decision:

The first phase of Cardiff Living is still ongoing but to ensure a continuous programme, and further to the Cabinet Approval in principle, approval is now being sought to enable Wates to progress onto phase 2/3 and commence on site in summer 2020.

 

To progress onto phase 2/3 it has been necessary to make changes to the Development Agreement as set out in this report, and subject to it approval, this the parties have agreed and will enter into a form Deed of Variation The JCT 2016 D&B form of contract and amendments have also been agreed between the parties.

 

Publication date: 03/08/2020

Date of decision: 29/07/2020

Effective from: 13/08/2020