Agenda item

St Michael's Housing Development - Financial Update (Cab.16.11.2022/9)

Decision:

RESOLVED that Cabinet:-

 

1.    Approves the revised scheme cost increase of £0.6M. The scheme has previously been approved by Cabinet and is to be financed from a combination of HRA Reserves, 1-4-1 receipts and Berneslai Homes Surplus; and

2.    Approves the sale of 6 housing units originally earmarked for private rent via Berneslai Homes.

Minutes:

RESOLVED that Cabinet:-

 

1.    Approves the revised scheme cost increase of £0.6M. The scheme has previously been approved by Cabinet and is to be financed from a combination of HRA Reserves, 1-4-1 receipts and Berneslai Homes Surplus; and

2.    Approves the sale of 6 housing units originally earmarked for private rent via Berneslai Homes.