Issue - meetings

Klondyke Phase 2 & 3 Site Disposal

Meeting: 14/01/2016 - Cabinet (Item 90)

90 Klondyke Phase 2 and 3 Site Disposal pdf icon PDF 2 MB

Report of the Chief Executive

Additional documents:

Minutes:

The Cabinet considered the report of the Chief Executive which provided details of proposals for the acquisition of the outstanding ownership of the Klondyke Phase 2-3 site in Bootle from Adactus Housing in order to facilitate the onward disposal of the site to Bellway Homes Limited for the construction of 142 new houses for sale.

 

Decision Made: That

 

(1)       approval be given to the acquisition of the ownership interests of Adactus Housing, based on the terms set out in Appendix 1 of the report, and the Cabinet Member - Communities and Housing be granted delegated authority to finalise the terms,

 

(2)       approval be given to the disposal of the Klondyke 2-3 site to Bellway Homes Limited on the terms set out in Appendix 1 of the report;

 

(3)       approval be given to the granting of a Development Licence to Bellway Homes Limited for the Klondyke Phase 2-3 site in order to carry out the development of 142 houses for sale;

 

(4)       approval be given to the freehold disposal of the site to Bellway Homes Limited upon the successful completion of the scheme;

 

(5)       the Head of Regulation and Compliance be instructed to prepare and execute contracts to facilitate the approved arrangements; and

 

(6)       the financing of the scheme to be met from resources within the existing HMRI Programme and the capital receipts from the disposal of the Z Blocks land.

 

Reasons for Decision:

 

Officers do not have delegated authority to take the recommended actions.

The scheme represents the next phase of the former Housing Market Renewal programme for the Klondyke area, and would result in the completion of new build housing construction as part of that envisaged when the Transition Programme was approved by the Cabinet in 2011. 

 

Alternative Options Considered and Rejected:

 

The Council had been pursuing a phased regeneration scheme for the Klondyke area, which began under the Housing Market Renewal Programme. Previous phases/sites were compulsory purchased by the Council in order to redevelop with new housing.

 

There are no viable alternative options for the Klondyke Phase 2-3 site, other than to leave the site undeveloped, which would be contrary to the express purpose and aims of the Councils regeneration plan, begun under the former Housing Market Renewal Programme (HMR). Bellway Homes Limited is the Council’s appointed ‘lead developer’ partner for the HMR programme in the Klondyke area of Bootle. As such the Council had previously entered into an Overarching Development Agreement with Bellway Homes Limited until 2018.

 

This agreement gives Bellway ‘first call’ on HMR development opportunities in the Klondyke area. Hence there is no alternative option or opportunity to dispose of the land by any other means, until after this date.