Executive and Officer Decisions

To use up to £4.9m of unallocated Right To Buy Receipts towards the capital costs of the provision of 55 planning gain Affordable Housing dwellings within a 75 unit Supported Living Scheme to be built within the new Waterside residential development; subject to East Midlands Housing entering into an Affordable Rent Grant Agreement with the Council.

Approve

i)              the use of up to £4.9m of unallocated Right to Buy Receipts as grant payment to East Midlands Housing towards their projected total capital costs for the provision of 55 planning gain Affordable Housing dwellings within the proposed 75 unit Supported Living scheme to be built within the new Waterside residential development; subject to East Midlands Housing entering into an Affordable Rent Grant Agreement with the Council.

ii)             the addition of £4.9m to the Housing capital programme for 2024/25 financed from unallocated Right To Buy Receipts.

To confirm and approve the release of savings related to the first phase of the Council’s new ways of working programme.

1)    Approval of savings arising from release of council office buildings as part of the Ways of Working programme which is embedding more agile, efficient and modern working practices which maximise technology. The following savings to be reflected in the approved budget and budget strategy and budgets reduced accordingly by the following amounts:

·                     2023/24 £0.744m;

·                     2024/25 and thereafter £0.789m per year.

2)    Approval to transition the vacated properties of Phoenix House, Sovereign House and 10 York Road into the Council’s Corporate Estate property portfolio with the potential for revenue income from these dependent on completion of asset reviews to inform the most appropriate asset use going forward.

3)    Approval to release £0.61m from the Ways of Working capital provision to fund Bosworth House dilapidation costs and ICT costs as outlined in section 4.6 of the report.