EXEMPT - New Lease Agreement for Modular Homes
Minutes:
The Cabinet Member noted the exempt section of the report.
8 New Lease Agreement for Modular Homes PDF 251 KB
Minutes:
The Cabinet Member considered a report which sought authorisation for the Council to accept from the Haringey Community Benefit Society a surrender of the current lease of the 16 Council owned units at Olive Morris Court and for the Council to enter into a new lease for the 16 HCBS owned units and not to proceed with the lease of the Land. Olive Morris Court is a site of 33 modular units constructed on Council owned land. The scheme provides accommodation for people previously sleeping rough as supported housing and office space to provide on-site support and security.
The Cabinet Member sought clarification as to why their needed to be a change in lease arrangements and why this had not been resolved as part of the initial decision. In response, officers advised that this was because of the funding issue and the need to be a registered housing provider in order to receive the full funding from the GLA.
The Cabinet Member noted some grammatical errors in relation to paragraph 4.2 of the report.
In relation to paragraph 5.11 of the report, officers clarified that this part of the report set out that the GLA were happy with the proposed solution.
The Cabinet Member queried why there was not an agreed rent calculation set out in the report, between LBH and HCBS. In response, officers advised that the Heads of Terms set out that there would be no net loss to either organisation. The Council was a shareholder of the HCBS and that it was important that a mutually agreeable solution be found. Both parties wanted to see the delivery of new homes in the borough. This decision, and the funding from the GLA that the decision related to, supported that outcome.
RESOLVED
The Cabinet Member for Council House-Building, Placemaking and Development Agreed:
Reasons for decision
Recommendations 2.1 (a), (b) (c) are recommended to ensure that the scheme complies with the GLA funding conditions. This will enable the Council to retain the £1,325,428 paid so far and claim ... view the full minutes text for item 8