Issue - decisions

That the Leader

1.    Approves an additional £6,176,142 to the General Fund capital budget funded by borrowing, giving a total capital budget of £65,202,000 for the construction of 132 residential units and associated professional fees and development management costs funded by the General Fund.

2.    Approves a further £3,591,908 borrowing to fund the development in place of right to buy funding in order to release it to other parts of the development programme that haven’t secured GLA affordable housing grant as part of the Building Homes for Londoners grant programme.