Decision details

Exempt report - Supplementary Capital estimate for property acquisition V

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decisions:

Paragraph 3 – Information relating to the financial or business affairs of any particular person (including the authority holding that information)

 

Council considered a recommendation from Cabinet for approval of a supplementary Capital provision of £85.7m for the design team and the contractors for the development of the site known as ‘Property Acquisition V’.

 

The development of this site seeks to support the Council to deliver its ambitious housing and regeneration programme across the Borough to help meet the needs of its residents. The site is also a key element in the emerging regeneration plans for Staines town centre.

 

Resolved to approve the supplementary Capital provision of £85.7m for the design team and the contractors for the development of the site.

Report author: Nick Cummings

Publication date: 01/11/2019

Date of decision: 24/10/2019

Decided at meeting: 24/10/2019 - Council

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