125 Approval of Sandway Homes Phase 1A Business Plan PDF 325 KB
Report of the Executive Director – Regeneration, Economy and Assets
Minutes:
Further to Minute No. 89 of 7 December 2023, the Cabinet considered the report of the Executive Director – Regeneration, Economy and Assets that provided an update on the progress and delivery of new homes as part of the Phase 1 Business Plan for Sandway Homes Limited and followed on from the revised Business Plan approved by the Cabinet in December 2023.
Decisions Made:
That
(1) the updated position of the Phase 1 Business Plan previously approved by the Cabinet be noted; and
(2) the amendment to the company articles, as outlined at paragraph 3.6 of the report, be approved.
Reasons for the Decisions:
The homes that Sandway was developing in the Borough would increase housing completions and the availability of choice for residents and those wishing to live in Sefton.
Alternative Options Considered and Rejected:
Other than rejection of the proposal, there were no alternative options for Members to consider.