Approved the Rainham
and Beam Park Regeneration Joint Venture LLP Overarching Business
Plan 2020-21, full details of which are contained within the
Exempt Agenda Report.
Authorised the
Councils contribution to support the LLP’s management, design
and pre construction contract works and services for Phase 1
delivery in accordance with the Rainham and Beam Park Regeneration
Joint Venture LLP Overarching Business Plan 2020-21 contained
within the Exempt Agenda Report.
Agreed that the
Leader of the Council and Cabinet Member for Housing after
consultation with the s151 Officer, the Chief Executive Officer and
the Director of Legal and Governance, approve any necessary update
to the Overarching Business Plan during the period 2020-21.
Agreed to Endorse and
Recommend to Council the budget allocation set out in this
report to include the related site known as ‘Rainham
Opportunity Site’ with the Rainham and Beam Park Regeneration
Scheme.
Agreed that the s151
Officer, after consultation with the Cabinet Member for Housing,
responds to the service of any notice that may be served by the
Rainham and Beam Park Regeneration Joint Venture LLP, indicating a
willingness or otherwise to participate in making third party debt
available from the Council, subject to contract and due
diligence.
Agreed that the s151
Officer, after consultation with the Chief Executive and The Leader
of the Council, may enter into funding agreements consistent with
the Treasury Management Strategy and Council’s Scheme of
Delegation.