Issue - meetings

Report:  Bridge Close Regeneration LLP Business Plan Refresh 2024-2025

Presented by: Councillor Graham Williamson - Cabinet Member for Development and Regeneration

Cabinet:

1.     Approved the draft Bridge Close Regeneration LLP Business Plan 2024-2025 (the Business Plan) as attached at Appendix B.

2.     Agreed the provision of a budget to enable the funding and delivery of the regeneration of Bridge Close as required and detailed within the exempt Financial Implications and Risks section; this budget to be included within the proposed HRA Capital Programme that will be considered by Cabinet in the Housing Revenue Account Business Plan update.  

3.     Agreed that the Leader of the Council, after consultation with the Strategic Director of Place, the S151 Officer the and the Monitoring Officer, approve detailed business cases, funding arrangements and legal agreements as may be required to deliver the regeneration of Bridge Close as per the Business Plan 2024-2025.

4.      Noted that the Strategic Director of Place will continue discussions with the Havering Islamic Community Centre (HICC) with a view to relocating HICC within the proposed new development or, if a suitable alternative site could be found, elsewhere.

5.      Noted that the Strategic Director of Place will continue discussions with the London Ambulance Service (LAS) with a view to relocating the LAS to a suitable alternative site elsewhere.

6.      Instructed the Strategic Director of Place, in consultation with the S151 Officer and the Monitoring Officer, to bring forward a report for the making of the Compulsory Purchase Order (CPO) for the Bridge Close Regeneration scheme at the appropriate time in the financial year 2024-2025.

7.     Authorised the Strategic Director of Place, acting in consultation with the Monitoring Officer and the Section 151 Officer, to negotiate, finalise and enter into all necessary legal agreements as may be required, and to do anything incidental to bring into effect the proposed arrangements set out in Recommendations 1-6 inclusive.

Report:  Bridge Close Regeneration LLP Business Plan Refresh 2024-2025

Presented by: Councillor Graham Williamson - Cabinet Member for Development and Regeneration

1.1            The Council established a joint venture development vehicle, Bridge Close Regeneration LLP (‘BCR LLP’, ‘Joint Venture’ or ‘JV’) to bring forward the proposed regeneration of the site  ...  view the full minutes text for item 156