Issue - meetings


Update report and request for approval of funding for Dashwood Road Primary School

Meeting: 06/12/2010 - Executive (Item 88)

88 Update report and request for approval of funding for Dashwood Road Primary School pdf icon PDF 61 KB

Report of Head of Housing Services

 

Summary

 

This report is to update members on progress on the DashwoodRoad Primary School site following a report submitted on the 24th May 2010. Significant progress has been made to deliver this scheme and a smaller amount of funding from the capital reserves for affordable housing is now required.

 

Recommendations

 

The Executive is recommended:

 

(1)               To note the progress made with partnership working at DashwoodRoad Primary School, Banbury and approve funding for the scheme from the capital reserves for affordable housing of £200,000.

Additional documents:

Decision:

Approved

 

Minutes:

The Head of Housing Services submitted a report to update Members on progress on the DashwoodRoad Primary School site following a report submitted on the 24 May 2010. Significant progress had been made to deliver this scheme and a smaller amount of funding from the capital reserves for affordable housing was now required.

 

Resolved

 

(1)               That the progress made with partnership working at DashwoodRoad Primary School, Banbury be noted and funding for the scheme from the capital reserves for affordable housing of £200,000 be approved.

Reasons

Following the report to Executive in May 2010 regarding the Dashwood Road Primary School, staff from the council, Oxfordshire County Council, Paradigm Housing Group and the Homes and Communities Agency (HCA) have met to agree how this scheme can be funded. Since the report the scheme has been granted planning permission. The scheme comprises of 18 units of housing to be let at social rents (current HCA target rent levels).  These meetings have led to the parties agreeing a reduction in the land price for the scheme of £200,000 plus a reduction in the S106 commuted sums costs of around £100,000. CDC has agreed that five of the units can be let as supported housing for people with a learning disability. These people will be assessed as in need of housing via the District’s Housing Register. This is a group that needs specialist provision and there is currently insufficient provision in the District.

Options

Option One

To fund the Dashwood Road Primary School site from the CDC capital reserves

 

Option Two

Not to  fund the Dashwood Road Primary School site from the CDC capital reserves