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Decision details

Luton Street Appropriation

Decision Maker: Cabinet Member for Housing, Regeneration, Business and Economic Development

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To approve appropriation of land between the General Fund (GF) and the Housing Revenue Account (HRA) and the HRA to the GF, with an overall surplus of land moving from the GF to the HRA.

Decision:

1.            That this report and other background papers to this report be exempt from disclosure by virtue of the Local Government Act 1972 Schedule 12A, Part 1, as amended, in that they contain information relating to the financial or business affairs of Westminster City Council.

 

2.            That the Cabinet Member for Housing, Regeneration, Business and Economic Development and the Cabinet Member for Finance and Corporate Services agreed to delegate authority to the Director of Housing and Regeneration, in consultation with the Tri-Borough Director of Law, subject to the necessary legal procedures and justification, to appropriate to planning purposes the land coloured green on the plan set out in Appendix 3 of the report from the General Fund to the Housing Revenue Account (HRA) and the land coloured blue from HRA to General Fund, resulting in an overall gain of land to the HRA of 598sqm.

 

Reason for the Decision

 

1.            The properties fall within the Luton Street development site, which in turn is part of the Church Street Housing Renewal Area. The Council’s aim for the site is to provide 130-150 new homes and include the replacement of the 14 properties at Capland Street. The scheme will result in a net gain in both private and affordable housing stock.

 

2.            In addition, the site will also seek to provide a 3 court sports hall and project arts space for the local community and improvement works to the Council properties (6 blocks in total) that surround the development site. There are also a number of Infrastructure and Public Realm (IPRP) benefits to derive from this development, most notably a contribution as set out in the report ring-fenced from the developer towards IPRP improvements for the Church Street Ward.

Publication date: 12/04/2016

Date of decision: 12/04/2016