Document Roots Hall and Fossetts Farm

In consultation with the Group Leaders, the Executive Director (Finance & Resources): Following agreement to proceed in principle provided by Cabinet on 17 September 2019, (Minute 324 refers), good progress has now been made in relation to these arrangements. Under usual circumstances, the matter would be presented to Cabinet at this point (with recommendations that the final detailed matters are delegated). With the Coronavirus pandemic it is very difficult to make decisions in the usual way. The letter therefore enables the matter to proceed pursuant to Standing Order 46. The matter will be presented to Cabinet for final approval and authority to complete the relevant agreements. The proposal set out presents a new way for the Council to enable, deliver and own significant private and affordable housing stock with no up-front capital investment and offers an exciting commercial proposition. This will provide substantial private and affordable housing to rent to meet the significant current need. By the removal or retail from Fossetts Farm, potential conflicts with the town centre are removed.
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