Issue - meetings

Ffordd Hiraethog and Ffordd Pandarus, Strategic Housing and Regeneration Programme (SHARP) schemes cost plan

Meeting: 15/12/2020 - Cabinet (Item 70)

Ffordd Hiraethog and Ffordd Pandarus, Strategic Housing and Regeneration Programme (SHARP) Schemes Cost Plan

Additional documents:

Decision:

As detailed in the recommendations.

Minutes:

Councillor Hughes introduced the report which sought Cabinet approval for the funding plan relating to the development of 30 new Social Rent homes on Ffordd Hiraethog and Ffordd Pandarus in Mostyn.

 

            The report provided information on the proposed schemes and funding envelope, including the projected build costs.

 

RESOLVED:

 

(a)       That the funding plan for the development of 30 new Social Rent homes at Ffordd Hiraethog and Ffordd Pandarus, Maes Pennant, Mostyn be approved; and

 

(b)       That prudential borrowing to the value of £3,758,569 (subject to final approval and verification) to fund the development be approved.