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  • Issue
  • Issue details

    Disposal and lease of land for the provision of mixed tenure housing over a number of sites in Kent - 12/01911

    The Approval will delegate to the Director of Property & Infrastructure Support, the final terms for disposal of land and grant of leases to allow private sector, private rented and social housing on a number of sites in Kent.


    How the decision relates to BS4K and Corporate Objectives

    This decision meets a number of the 16 priorities in delivering Bold Steps including providing housing growth that is affordable, sustainable and with the appropriate infrastructure by using KCC’s surplus assets to deliver this when there is market uncertainty with the delivery of new housing stock in Kent. The organisation will also be helping to work with district partners to deliver housing regeneration and mixed tenure housing in different parts of the county and this is a key part of Bold Steps for Housing strategy. The proposal will provide construction jobs for key businesses in Kent including SME.


    Impact/costs and risks of proposed decision

    The impact, costs and risks will be set out for each site in the Decision report and outline the disposal price plus also the rental income that is being secured. The report will outline the final deal to be agreed and there are risks associated with the potential purchasers being affected by the current restrictions on bank funding for some construction projects. The deal will also involve planning permission for housing on sites being obtained and there are risks attached on the density and mix of units affecting the disposal price and/or the rental income


    Decision type: Key

    Decision status: For Determination

    Notice of proposed decision first published: 10/12/2014

    Decision due: July 2012 by Cabinet Member for Business Strategy, Performance & Health Reform

    Department: Strategic & Corporate Services

    Contact: Nigel Brown, Asset Development and Commissioning Manager Email: nigel.brown@kent.gov.uk Tel: 01622 696970.

    Consultation process

    Not Applicable

     

    Notify all Members of the Council but particularly the ward members where these sites are located.

     

    Consultees

    KCC is required to secure best value and therefore independent valuations will be undertaken to verify the final terms agreed will meet this criteria

    Aims and level(s) of consultation (KCC consultation levels attached)

    NA

    Key consultee groups

    NA

    Start and finish dates of consultation.

    NA

    Equalities Impact Assessment included in the consultation documentation. Please state where this can be found.

    NA

    Date of publication of consultation outcomes and updated Equalities Impact Assessment

    NA

    Informing Only

     

    NA

     

    Has the matter already been discussed by a Cabinet Committee? If not when will be it discussed by the Cabinet Committee and the date of the meeting

     

    No

     

    Is the matter referred to in your Business Plan or Medium Term Capital Programme?

     

    The Property Business Plan refers to the disposal strategy and asset management strategy but there is no specific reference to the sites included within the deal

     

    Which Members and electoral Divisions are affected by this proposed decision? Is it All Members?

     

    All Members

     

    Financial implications: Nigel Brown, Manager – Asset Development and Commissioning Manager, PI&S 01622 696970 - Nigel.brown@kent.gov.uk

    Legal implications: 12/01911

    Equalities implications: If Key Decision - reason (see note on what constitutes a Key Decision) The proposal will unlock regeneration of a number of KCC assets, provide housing stock as part of Bold Steps for Housing strategy and provide rental income for KCC

    Agenda items

    Documents

    • Bold Steps for Housing