Agenda Reports Pack (Public) 15/10/2012, 19.00 - Meetings ...
Agenda Reports Pack (Public) 15/10/2012, 19.00 - Meetings ... Agenda Reports Pack (Public) 15/10/2012, 19.00 - Meetings ...
2. That the Cabinet note and consider the Equalities Impact Assessment(Appendix 12) prepared in respect of the proposed decisions which are thesubject of this report.3. In light of the Analysis of Consultation Responses and the Equalities ImpactAssessment and having regard to the regeneration benefits summarised inthis report, that the Cabinet should agree that it is willing to enter into aConditional Land Sale Agreement (CLSA) and relevant associateddocuments as set out in paragraph 6.12 of this report, with EC Properties LP,part of the Capital and Counties Properties plc group of companies (referredto as Capco within the report) to include the West Kensington and GibbsGreen Estates (the Estates) in the proposed comprehensive redevelopmentscheme.4. That approval is given to include the Tenant and Leaseholder/FreeholderAssurances within the agreed CLSA.5. That the Council approve the disposal to EC Properties LP (Capco) of landformerly occupied by Gibbs Green School within the overall CLSA on termsset out in this report, with the disposal proceeds to be applied to areplacement educational facility.6. To approve the disposal to EC Properties LP (Capco) of land at 11 FarmLane within the overall CLSA, as set out in the report.7. To authorise the Executive Director of Housing and Regeneration to preparean application for the Secretary of State’s consent for the necessary disposalof Housing Revenue Account (HRA) land, for submission to Full Council andappoint supporting advisors necessary to help secure such consent.8. To give delegated authority to the Executive Director of Housing andRegeneration in consultation with the Executive Director of Finance andCorporate Governance to purchase leasehold and freehold interests situatedon the land (Estates), included within the CLSA, by agreement up to acumulative value of £15m funded from the Decent Neighbourhoods Fundand appoint advisors to support these acquisitions.9. To approve the 4 year budget as set out in section 9 funded from the DecentNeighbourhoods Fund and provide the Executive Director of Housing andRegeneration with delegated approval to finalise the allocation of resourceswithin this budget envelope.10. That capital receipts arising from the CLSA are used to cover costs ofdisposal and those incurred in delivering the project and that the portionreceived in respect of land and properties currently held within the HousingRevenue Account is reinvested (so far as lawfully possible) in housing andregeneration, including:• To fund capital expenditure on area-based improvements that help theCouncil achieve its corporate objectives;• To develop or acquire new affordable housing to meet identified housingneeds, including where appropriate by the extension of properties;______________________________________________________________________________________________________Minutes are subject to confirmation at the next meeting as a correct record of the proceedings and any amendments arising willbe recorded in the minutes of that subsequent meeting.Page 9
• To fund tenant incentive initiatives (qualifying as capital expenditure) thatfree up council housing which is in demand for those in housing need(e.g. for larger family accommodation);• Subject to the Council ensuring that its statutory housing responsibilitiesto meet housing needs are performed, to use receipts to reduce HRA orGeneral Fund debt where this is identified as a priority, and whererepayment of the debt is of net financial benefit to the Council’s HRA orGeneral Fund;• To invest in capital expenditure on planned maintenance of the Council’scurrent housing stock until this is fully funded by the HRA revenueaccount.11. To authorise the Executive Director of Housing and Regeneration to consulton the draft Earl’s Court Local Lettings Plan and Re-housing policy.Reason for decision:As set out in the report.Alternative options considered and rejected:As outlined in the report.Record of any conflict of interest:None.Note of dispensation in respect of any declared conflict of interest:None.39. MAYOR OF LONDON'S CYCLE HIRE SCHEMERESOLVED:1. That authority be delegated to the Cabinet Member for Transport andTechnical Services, in conjunction with the Executive Director for Transportand Technical Services, to enter into an agreement with Transport forLondon to extend the Mayor of London’s Cycle Hire Scheme into theborough.2. That the Council makes a contribution of up to £2 million to the extension, tobe recovered by developer contributions, as detailed in Section 4 of theagenda report.Reason for decision:As set out in the report.Alternative options considered and rejected:As outlined in the report.Record of any conflict of interest:None.______________________________________________________________________________________________________Minutes are subject to confirmation at the next meeting as a correct record of the proceedings and any amendments arising willbe recorded in the minutes of that subsequent meeting.Page 10
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2. That the Cabinet note and consider the Equalities Impact Assessment(Appendix 12) prepared in respect of the proposed decisions which are thesubject of this report.3. In light of the Analysis of Consultation Responses and the Equalities ImpactAssessment and having regard to the regeneration benefits summarised inthis report, that the Cabinet should agree that it is willing to enter into aConditional Land Sale Agreement (CLSA) and relevant associateddocuments as set out in paragraph 6.12 of this report, with EC Properties LP,part of the Capital and Counties Properties plc group of companies (referredto as Capco within the report) to include the West Kensington and GibbsGreen Estates (the Estates) in the proposed comprehensive redevelopmentscheme.4. That approval is given to include the Tenant and Leaseholder/FreeholderAssurances within the agreed CLSA.5. That the Council approve the disposal to EC Properties LP (Capco) of landformerly occupied by Gibbs Green School within the overall CLSA on termsset out in this report, with the disposal proceeds to be applied to areplacement educational facility.6. To approve the disposal to EC Properties LP (Capco) of land at 11 FarmLane within the overall CLSA, as set out in the report.7. To authorise the Executive Director of Housing and Regeneration to preparean application for the Secretary of State’s consent for the necessary disposalof Housing Revenue Account (HRA) land, for submission to Full Council andappoint supporting advisors necessary to help secure such consent.8. To give delegated authority to the Executive Director of Housing andRegeneration in consultation with the Executive Director of Finance andCorporate Governance to purchase leasehold and freehold interests situatedon the land (Estates), included within the CLSA, by agreement up to acumulative value of £<strong>15</strong>m funded from the Decent Neighbourhoods Fundand appoint advisors to support these acquisitions.9. To approve the 4 year budget as set out in section 9 funded from the DecentNeighbourhoods Fund and provide the Executive Director of Housing andRegeneration with delegated approval to finalise the allocation of resourceswithin this budget envelope.<strong>10</strong>. That capital receipts arising from the CLSA are used to cover costs ofdisposal and those incurred in delivering the project and that the portionreceived in respect of land and properties currently held within the HousingRevenue Account is reinvested (so far as lawfully possible) in housing andregeneration, including:• To fund capital expenditure on area-based improvements that help theCouncil achieve its corporate objectives;• To develop or acquire new affordable housing to meet identified housingneeds, including where appropriate by the extension of properties;______________________________________________________________________________________________________Minutes are subject to confirmation at the next meeting as a correct record of the proceedings and any amendments arising willbe recorded in the minutes of that subsequent meeting.Page 9
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