(Paragraph 3 – Information relating to the financial or business affairs of any particular person (including the authority holding that information)
Cabinet considered an exempt report seeking approval of the costs for the redevelopment of Harper House.
A revised capital programme provision and an increased net financing cost was required as a result of the redesign of Harper House following feedback from Homes England.
Alternative options considered, and rejected, by the Cabinet:
· Delay works
· Do nothing
Resolved to:
1. recommend to Council the approval of a supplementary estimate of increase in the existing capital programme provision of £400k for the demolition and rebuild of Harper House, for the reasons set out in the report, and in line with the Order of Costs Estimate in Appendix 1;
2. authorise the Chief Financial Officer to make prudent financing arrangements for the project;
3. authorise the Head of Corporate Governance to enter into any legal documentation necessary to implement this construction project, including any legal agreements required in order to receive grant funding from Homes England; and
4. authorise the Portfolio Holder for Community Wellbeing and Group Head for Regeneration and Growth to authorise the appointment of a suitable contractor to undertake these works.
Reasons for Decision:
To take advantage of a time-limited grant funding programme.
To improve the quality and quantum of accommodation within the Borough for vulnerable homeless households.
To align Spelthorne Borough Council with the requirements of the Homelessness Reduction Act.