The Executive Director for Development has submitted a report to to seek approval to enter into an agreement with Thomas White Oxford (“TWO”) to deliver infrastructure to facilitate the delivery of housing at Oxford North.

Recommendation: That Cabinet resolves to:

Delegate authority to the Executive Director for Development, in consultation with the Cabinet Member for Planning and Housing Delivery, and the Head of Law and Governance, to:

a)    finalise the legal agreement with the developer Thomas White Oxford (“TWO”);

b)    enter into the legal agreement to secure the delivery of the Housing Infrastructure Funding (“HIF”) funded infrastructure at Oxford North; 

c)    secure the HIF funding and implementation of the HIF agreements, including the provision of funding to TWO; and

d)    agree any changes necessary to the HIF agreement with Homes England to facilitate the securing of the HIF funding, the delivery of the infrastructure and the recouping of funding.

The Executive Director for Development had submitted a report toseek approval to enter into an agreement with Thomas White Oxford (“TWO”) to deliver infrastructure to facilitate the delivery of housing at Oxford North.

Councillor Hollingsworth, Cabinet Member for Planning and Housing Delivery, introduced the report and the recommendations.

Cabinet resolved to:

Delegate authority to the Executive Director for Development, in consultation with the Cabinet Member for Planning and Housing Delivery, and the Head of Law and Governance, to:

a)    Finalise the legal agreement with the developer Thomas White Oxford (“TWO”);

b)    Enter into the legal agreement to secure the delivery of the Housing Infrastructure Funding (“HIF”) funded infrastructure at Oxford North; 

c)     Secure the HIF funding and implementation of the HIF agreements, including the provision of funding to TWO; and

d)    Agree any changes necessary to the HIF agreement with Homes England to facilitate the securing of the HIF funding, the delivery of the infrastructure and the recouping of funding.