Decision details

The Committee had before it a report by the Chief Officer Corporate Landlord which provided an update on the proposed business cases for the delivery of 2,000 new Council houses.

The report recommended:

That the Committee -

(a)      agree that the projects listed in Appendix 1 be added to the HRA Capital Programme subject to finalisation for their respective financial models;

(b)      agree to delegate authority to the Director of Resources, following consultation with the Convener and Vice Convener of the City Growth and Resources Committee, to approve financial models for each project, including finalising sources and level of funding (Council/HRA Borrowing, Council 2^nd Homes Grants, Scottish Government Grant, affordable housing developer contributions etc), prior to the awarding of any contracts, subject to each financial model being self-financing; and

(c)      agree to delegate authority to the Director of Resources, following consultation with the Chief Officer Corporate Landlord and Chief Officer Governance, to agree the value of the sites for transfer from the Common Good and General Services accounts to the HRA account (and to make the transfers); and the purchase price of new build units from land owners/developers (and to make the purchases); and to seek Scottish Government consents as may be necessary.

The Committee resolved:-

to approve the recommendations contained in the report.