The Portfolio Holder for Housing notes the contents of the report on title and approves:-
i) Acceptance of the transfer of gifted units - 11 plots at the Plough Road, Great Bentley development, namely, Plots 76-86 (inclusive) (houses) Plough Road, Great Bentley also known as 22-2 (in reverse) Marjorie Mitchell Way, Great Bentley, Colchester, Essex based on the recommendation made by the Assistant Director of Planning.
(ii) Authorise the Corporate Director (Operations and Delivery) to complete the transfer of the gifted units from the developer to the Council.
iii) Acquiring a shareholding in Ufford Chase (Great Bentley) Management Company Limited (Company Registration Number 13754774) with the official representative of the Council to be nominated by the Chief Executive.

Under Schedule 2 of the S106 Agreement dated 7 June 2017, the Developer is required to transfer the affordable/gifted units to the Council at £1.00 per plot.

To decline the transfer of the affordable/gifted units is not an option. The acceptance of the gifted units forms part of the Council's housing strategy to increase its housing stock.