Issue details

Issue details

Deed of Variation of the Housing Infrastructure Funding for Blackbird Leys Regeneration Project

Cabinet, on 13 September 2023 (‘Housing Infrastructure Funding Update’) resolved to:

2.     Delegate authority to the Head of Regeneration and Economy, in consultation with the Deputy Leader (Statutory) - Finance and Asset Management, the Head of Financial Services/S151 Officer and the Head of Law and Governance to finalise the drafting of agreements and enter into ancillary grant agreements with Oxfordshire County Council and the Environment Agency and any other steps necessary to enable or facilitate the claiming of the HIF funding;

3.     Delegate authority to the Head of Regeneration and Economy in consultation with the Deputy Leader (Statutory) – Finance and Asset Management, the Head of Financial Services/S151 Officer, and the Head of Law and Governance to finalise the drafting of, and subsequently enter into, a Deed of Variation with Homes England in respect of the HIF funding for Blackbird Leys; and

4.     Delegate authority to the Head of Regeneration and Economy in consultation with the Deputy Leader (Statutory) – Finance and Asset Management, the Head of Financial Services/S151 Officer, and the Head of Law and Governance to finalise the drafting of an agreement with Peabody, either as a separate agreement or as part of the Development Agreement (between Peabody and the Council) and to take any other necessary steps to enable or facilitate the claiming of HIF funding associated with Blackbird Leys Regeneration scheme.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 24/11/2023

Decision due: 24 Nov 2023 by Head of Regeneration and Economy

Lead member: Deputy Leader (Statutory) - Finance and Asset Management

Lead director: Executive Director (Development)

Department: Regeneration and Economy

Contact: Karoline Soisalo de Mendonca, Regeneration Manager Email: ksoisalodemendonca@oxford.gov.uk.

Decisions