Report no: 03/2021

(Key decision)

Cabinet approved a grant of £650,000 to the Platform Housing Group for the development on the former allotments at Brooke Road, Oakham subject to planning consent and a satisfactory funding agreement.

Cabinet agreed that the Strategic Director - Places be authorised to conclude the funding agreement in consultation with the Portfolio Holder for Planning and Finance

Councillor G Brown as the relevant Cabinet Member elaborated on the report and explained that the report considered further information on the bid by Platform Housing Group for £650,000 from the Rutland Affordable Housing Fund for the former allotment site at Brooke Road, Oakham. Much of this information has been received since funding was approved in principle by Cabinet on 17 November 2020. This current report proposes that the grant be approved, subject to planning consent and a satisfactory funding agreement being concluded.

With regards to State Aid, the Monitoring Officer explained that RCC would be able to manage this well and noted that there had been much bigger projects that had not been problematic or delayed by State Aid and that external solicitors had been engaged in relation to the funding agreement.

RESOLVED:

That a grant of £650,000 to the Platform Housing Group for the development on the former allotments at Brooke Road, Oakham subject to planning consent and a satisfactory funding agreement be approved.

That the Strategic Director - Places be authorised to conclude the funding agreement in consultation with the Portfolio Holder for Planning and Finance