Decision Maker: CABINET
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
RESOLVED:
That the Cabinet:
1. Notes the contents of the Tender Appendix and results of the procurement exercise to secure a developer partner.
2. Approves Higgins Partnerships 1961 PLC (“Higgins”) as the preferred bidder developer partner for the delivery of the Hayes Estate Regeneration projects and subsequent opportunities allowed for under the Strategic Partnership Agreement.
3. Grants delegated authority to the Leader of the Council and Cabinet Members for Property & Infrastructure, Environment, Housing & Regeneration and Finance, in consultation with the Corporate Director of Place, to make any further decisions on the final contract terms and to enter into the following agreements with the preferred development partner:
· Development Agreement;
· Strategic Partnership Agreement;
· Any necessary ancillary agreements (including any Building Leases and Head Leases to be entered into in accordance with the terms of the Development Agreement).
4. Notes the next steps to be taken to facilitate the project.
5. Notes that any budget virements required for this project will be reported to Cabinet in the usual way to consider as part of the monthly budget monitoring reports, or if required outside this timetable, agrees that they are approved by the Corporate Director of Finance, in consultation with the Leader of the Council and Cabinet Member for Finance and reported back to Cabinet.
Reasons for decision
Following a comprehensive procurement exercised, Cabinet approved the preferred bidder developer partner for the major estate regeneration projects in Hayes. The Cabinet Member for Property & Infrastructure welcomed the new homes to residents that would be provided as part of the project and the broader revitalisation of the area. Cabinet also noted the next steps and provided for delegated authority to finalise the necessary agreements.
Alternative options considered and rejected
Cabinet considered the alternative options that were set out in the report.
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Environment, Housing & Regeneration |
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Expiry date for any scrutiny call-in / date decision can be implemented (if no call-in) |
5pm, Friday 1 April 2022 |
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Officer(s) to action |
Perry Scott |
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Directorate |
Place |
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Classification |
Private Whilst the Cabinet's decisions above are always made public, the officer report relating to this matter is not because it was considered in the private part of the meeting and contained information relating to the financial or business affairs of any particular person (including the Authority holding that information) and the public interest in withholding the information outweighed the public interest in disclosing it in accordance with Section 100(A) and paragraph 3 of Part 1 of Schedule 12 (A) to the Local Government Act 1972 (as amended). |
Publication date: 25/03/2022
Date of decision: 24/03/2022
Decided at meeting: 24/03/2022 - CABINET
Effective from: 02/04/2022