Issue - meetings

The Cabinet is requested to consider the report and its appendices and make the following resolutions:

1.    That delegated powers are granted for the Director of Housing & Communities, following consultation with the Cabinet member for Housing, Communications, Licensing & Events, to sign a deed of release for certain clauses within the LSVT with Hyde and enter into an amended Clawback agreement  and  a new partnership working agreement.

2.    That delegated powers are granted for the Director of Housing & Communities, following consultation with the Cabinet member for Housing, Communications, Licensing & Events, to remove restrictive covenants from individual parcels of land owned by Hyde and transferred at LSVT upon grant of planning permission for housing.

RESOLVED

1.    That delegated powers are granted for the Director of Housing & Communities, following consultation with the Cabinet member for Housing, Communications, Licensing & Events, to sign a deed of release for certain clauses within the LSVT with Hyde and enter into an amended Clawback agreement and a new partnership working agreement.

2.    That delegated powers are granted for the Director of Housing & Communities, following consultation with the Cabinet member for Housing, Communications, Licensing & Events, to remove restrictive covenants from individual parcels of land owned by Hyde and transferred at LSVT upon grant of planning permission for housing.

Cllr Sutton introduced the item.

Cllr Taylor requested clarification of whether when the current agreement expires in 2031 the new agreement will have a new expiry date. Mr Bennett clarified that the arrangement is a 25 year business plan.

Cllr Dignum requested clarification of whether rents are attributed to the house or the tenant. Mrs Rudziak explained that tenants that transferred at LSVT largely have lifetime tenancies at social rent which continue to be protected. Each situation will depend on the site and the grants available. Going forward LSVT tenants would retaintheir same level of rent on their return to their property. A house can be redeveloped if a tenant moves on and this could uplift the rent that could be sought.

In a vote the following resolutions were agreed:

RESOLVED

1.    That delegated powers are granted for the Director of Housing & Communities, following consultation with the Cabinet member for Housing, Communications, Licensing & Events, to sign a deed of release for certain clauses within the LSVT with Hyde and enter into an amended Clawback agreement and a new partnership working agreement.

2.    That delegated powers are granted for the Director of Housing & Communities, following consultation with the Cabinet member for Housing, Communications, Licensing & Events, to remove restrictive covenants from individual parcels of land owned by Hyde and transferred at LSVT upon grant of planning permission for housing.