Decision details

Agreement to lease 9 three-bedroom houses at Paston Lane, Peterborough - AUG20/CMDN/20

Decision Maker: Cabinet Member for Housing, Culture and Recreation

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

With the approval of the Chairman of Growth, Environment and Resources Scrutiny Committee, special urgency procedures have been invoked to suspend the requirement to publish on the Forward Plan and the five day consideration period.  These procedures have been invoked for the reasons set out below.

 

The timescale for approval is urgent as initially it was anticipated that the agreement would be concluded in July 2020.  In reliance on this the developer has a contractor ready and waiting to start on site and any further delay is likely to prejudice that arrangement and the overall progress of the scheme.

 

The Cabinet Member:

1. Approved an agreement to lease 9 three-bedroom houses to be used for temporary accommodation and / or general needs affordable housing for a term of 20 years.

2. Approved payment of the associated Stamp Duty Land Tax and professional fees.

Reasons for the decision:

This scheme will see 9 new houses developed bringing much needed new homes to the area and sustaining local employment.

Alternative options considered:

The Council is already exploring a number of ways to increase the stock of temporary accommodation. These include:

 

-       Leasing in properties from private sector landlords at LHA rates

-       Purchasing property to sublease

 

This opportunity is an especially good one because it involves working with a local developer, (who is an existing Council landlord) employing local contractors and bringing forward good quality houses for the city.

 

Interests and Nature of Interests Declared:

None.

Background Documents:

None.

Urgent item?: Yes

Publication date: 07/08/2020

Date of decision: 07/08/2020

Effective from: 13/08/2020

Accompanying Documents: