Decision details

1. To note :

a)     The current progress in analysing the results of the consultation, and to ask officers to continue to complete this process so as to present a final analysis of the consultation outcomes when Cabinet next discusses the overall proposals.

b)     The proposed terms of the Tenant and Freeholder guarantees.

c)      That discussions with Capital and Counties Properties plc will continue to clarify remaining matters so that Cabinet is in a position to consider a final decision on the transfer of land as soon as possible.

2. That expenditure of up to £116,710 per annum to provide additional staff resources to manage the ongoing process be approved .

3. That expenditure of up to  £1,070,000 of fees to provide professional advice as set out in section 8 of this report be approved.

4. That officers be instructed to continue negotiations with Capco; continue to ensure the Cabinet can take a future decision on the best possible advice and that, if the Council decide to proceed with the CLSA, it should do so on the understanding that it will offer further opportunities to affected tenants and other residents to better understand the possible ways in which the comprehensive redevelopment option might work out for them.

5. That Cabinet notes that the currents terms in the draft CLSA as suitable for recommendation to Council, subject to no new issues being raised, no changes in the major terms and no adverse advice from our advisers, or other compelling problems arising, and

6. That Cabinet receives a further report at a future date that brings together current advice at that time; the completed analysis on the statutory consultation undertaken, and all other matters relevant for future decision, be approved.