RESOLVED that Cabinet formally –

a)       approves progressing the Carnarvon Terrace and Homes for Dovercourt projects and reiterates the Council’s commitment to the delivery of the schemes whilst recognising the ongoing delivery risks;

b)       approves an underlying policy direction and associated ‘in principle’ approach that the tenure mixes of the housing at Carnarvon Terrace be 100% socially rented and for the future management of the scheme to be led directly by the Council, subject to a future full report to Cabinet;

c)       notes the omission from the Carnarvon Terrace budget of £390,000 of grant funding previously identified for Electric Vehicle charging and reported to Cabinet as not secured, for reasons of feasibility attached to the funding terms and conditions;

d)       notes the value engineering underway and authorises the Portfolio Holder for Economic Growth, Regeneration and Tourism, in consultation with the Portfolio Holder for Housing and the Portfolio Holder for Leisure & Public Realm, to approve the submission of amendments to the planning consents as required, to the extent that amendments remain within the parameters of the Memorandum of Understanding with MHCLG and as approved by Cabinet to date;

e)       approves that the Council, in its capacity as landowner and developer, grants an Unilateral Undertaking (UU) to the Planning Authority to discharge the RAMS payment in lieu of a Section 106 agreement for obligations in relation to application reference 24/01911/FUL (“the Victoria Street Development”); and

f)         approves that an application is made to the Council’s Planning Services for the Unilateral Undertaking (UU) dated the 15^th July 2025 given by the Council in respect of planning permission reference 24/01890/FUL for the development at Carnarvon Terrace (‘the Planning Permission’) to be discharged and that a new replacement UU be entered into by the Council for the purposes of securing RAMS, Biodiversity Net Gain Monitoring fee, and 100% Affordable Housing in respect of the Planning Permission.