Issue - meetings

This paper brings forward the recommendation of the award of a new contract to the preferred bidder for the delivery of works on the Cynthia House site.  These works will deliver the demolition of the current empty building and construction of 22 new council homes at affordable rents and shared ownership comprising 10 houses and 12 flats within the HRA.  These homes will help to deliver much needed Council housing across Poole and will be built to the Passive House Institute (PHI) Low Energy Building standard ensuring the highest quality build and impact on local lives

The Portfolio Holder for Homes presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'A' to these Minutes in the Minute Book.

Cabinet were requested to consider the award of a new contract to the preferred bidder for the delivery of works on the Cynthia House site.  In relation to this Cabinet were advised that these works will deliver the demolition of the current empty building and construction of 22 new council homes at affordable rents and shared ownership comprising 10 houses and 12 flats within the HRA. Further to this Cabinet were advised that these homes will help to deliver much needed Council housing across Poole and will be built to the Passive House Institute (PHI) Low Energy Building standard ensuring the highest quality build and impact on local lives

RECOMMENDED that Council:-

(a)     Approve a £4.543 million scheme to redevelop Cynthia house to provide 22 new homes;

(b)    Approve the financing of the scheme including £3.019 million of prudential borrowing, £1.096 million of Right to Buy Receipts and £428k of capital receipts from the shared ownership element of the scheme; and 

(c)     Approve the award of the construction contract to the preferred bidder.

Voting: Unanimous

Portfolio Holder: Homes

The Portfolio Holder for Homes presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'A' to these Minutes in the Minute Book.

Cabinet was requested to consider the award of a new contract to the preferred bidder for the delivery of works on the Cynthia House site.  In relation to this Cabinet was advised that these works will deliver the demolition of the current empty building and construction of 22 new council homes at affordable rents and shared ownership comprising 10 houses and 12 flats within the HRA. Further to this Cabinet was advised that these homes will help to deliver much needed Council housing across Poole and will be built to the Passive House Institute (PHI) Low Energy Building standard ensuring the highest quality build and impact on local lives

RECOMMENDED that Council:-

(a)     Approve a £4.543 million scheme to redevelop Cynthia house to provide 22 new homes;

(b)    Approve the financing of the scheme including £3.019 million of prudential borrowing, £1.096 million of Right to Buy Receipts and £428k of capital receipts from the shared ownership element of the scheme; and 

(c)     Approve the award of the construction contract to the preferred bidder.

Voting: Unanimous

Portfolio Holder: Homes