Issue - meetings

Public Sector Funding and Investment Package for Tottenham

Meeting: 07/02/2012 - Cabinet (Item 120)

120 Funding and Investment Package for the Tottenham Regeneration Programme pdf icon PDF 6 MB

(Report of the Director of Place and Sustainability – To be introduced by the Cabinet Member for Economic Development and Social Inclusion):To consider the proposed package of funding for Tottenham, combining Council and Mayor of London resources to help leverage private sector funds.  The aim of this funding package is to deliver a first phase of sustainable social, economic and physical regeneration in Tottenham, with a particular focus on the priority area of North Tottenham.

Additional documents:

Minutes:

Cabinet received a report that sought approval of the proposed funding and investment programme for Tottenham of £41.345m.

 

The Cabinet Member for Economic Development and Social Inclusion introduced the report and responded to queries raised.

 

It was noted that a further report would be brought to Cabinet outlining the new flagship Jobs Programme that was aimed at tackling unemployment and child poverty and that this would include details of the targets with respect to the number jobs that would be created.

 

Cabinet was advised that changes to the Section 106 Agreement referred to in the report would be considered at a special meeting of the Planning Committee on 13 February (the report being considered by the Planning Committee was published on the Council’s website and copies had been made publicly available since 3 February). 

 

It was clarified that the Council’s Supplementary Planning Policy (SPP) on the provision of Affordable Housing within new schemes allowed for the existing mix of housing in an area to be taken into account when determining applications. It was recognised that there was a high proportion of social housing already and in order to encourage a greater mix of housing it was proposed that the requirement within the existing Section 106 Agreement was amended.

 

In terms of the provision within the Section 106 Agreement for Education purposes it was being recommended to the Planning Committee that this contribution was revised down from x to x and the decision with regard to this was within the remit of that Committee rather than Cabinet.

 

The Chair thanked officers for their hard work during the six month period since the disturbances in pulling this piece of work together. She noted that against a backdrop of rising deprivation and unemployment, particularly in Northumberland Park and White Hart Lane, it was hoped that the package of private and public sector investment agreed would act as a catalyst for the regeneration of the North Tottenham area.

 

RESOLVED:

 

  1. That Cabinet approve the funding and investment programme for Tottenham of £41.345m as outlined in paragraph 1.1 of the report. 

 

  1. That it be approved, in principal, that a further allocation of £5m to make a total of £9m investment (including £4m capital programme investment already provisionally agreed by Cabinet on 20/12/11 but subject to Full Council agreement) in North Tottenham (linking with the Mayoral investment of £18m) to support:

 

Ø      A contribution to heritage building improvements in the vicinity of the NDP Scheme (£3m)

Ø      A contribution to public and community event space to be provided as part of the NDP Scheme (£5m)

Ø      Environmental improvements on Worcester Avenue (£0.5m)

Ø      The formulation of a phased North Tottenham regeneration master-plan with a primary focus on the area west of High Road centred on White Hart Lane (£0.5m)

 

  1. That the further allocation of £5m should be formally added to the Capital Programme at an appropriate point in the future once the relevant part of the NDP scheme has progressed and when funding has been identified.

 

  1. That  ...  view the full minutes text for item 120