Resolved
(1) That the Council’s Performance, Risk and Financial report for the month of November 2023 be noted.
(2) That the following reserve requests be approved:
· Directorate: Resources
· Type: Earmarked
· Description: Market Risk Reserve
· Reason: Over-recovery of Treasury Income
· Amount £m: (0.130)
· Total Earmarked Reserves £m: (0.13)
(3) That the addition of £1.6m capital spend in relation to Grant agreements that have been concluded with two registered providers of social housing, Sanctury Housing and South Oxfordshire Housing Association (SOHA) to bring homes forward under the central government resettlement scheme Local Authority Housing Fund Round 2 allocation received by Cherwell be approved.
(4) That authority be delegated to Assistant Director Wellbeing and Housing to award grants from the Local Authority Housing Fund Round 2 allocation, in consultation with the Monitoring Officer and s151 Officer, to secure additional social housing in the district with the intention that first let is to refugee families.