Issue - decisions

The Cabinet noted that it had previously considered a report on 23 June 2020 that set out that Stockport Homes had negotiated to acquire land at London Road, Hazel Grove for the development of 34 units comprising a mix of 12x 1 bed 2 person and 22x 2 bed 3 person apartments with all of the accommodation being made available for social rent.

Following consultation with the Council’s Planning Department it has been necessary to reduce the scale of the proposed development which will see a reduction in unit number from 34 to 32 units along with a series of amendments to the terms previously agreed for the acquisition of the site.

The Cabinet has given approval to proceed with the transaction (acquisition and subsequent development) of the land at London Road, Hazel Grove (the site) for inclusion in the Councils Housing Revenue Account on the revised terms as detailed in the report and the ‘not for publication’ appendix.

The Cabinet has considered and given approval to a proposal for release of funding for the sum identified in the appendix from the Housing Revenue account to enable the acquisition and development of the site at London Road, Hazel Grove for social housing comprising 34 units all for social rent, as set out in the report.

(NOTE: This item includes a ‘not for publication’ appendix that has been circulated to members of the Cabinet only).