Venue: Committee Rooms C,D,E, 1st floor, Merton Civic Centre
Contact: Democratic Services email: democratic.services@merton.gov.uk; telephone: 020 8545 3616
Note: To meet at 7.40pm or on the rise of the Cabinet meeting, scheduled for 7.15pm the same evening.
No. | Item |
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Apologies for absence Minutes: There were no apologies for absence. |
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Declarations of pecuniary interest Minutes: There were no declarations of interest. |
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Minutes of the previous meeting PDF 38 KB Minutes: The minutes of the meeting held on 14 October 2019 were agreed as a correct record. |
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Merantun Development Ltd: Company progress report PDF 89 KB Additional documents: Minutes: The Director of Corporate Services presented the company progress report, highlighting that the planning applications were currently going through the Council’s planning process and had been considered by the Design Review Panel. and advised that the applications had been to the DRP and we going through the planning process. Subject to the outcome of that process there may be some changes to the business plan due to the change in number of units, which would in turn impact on the return and the money the company would need to borrow from the Council. It was anticipated that due to the delays with the planning process, the transfer of land would not take place in this financial year and would therefore need to be carried forward.
The Head of Sustainable Communities and Company Director advised that officers would continue to work with colleagues across London on delivering best practice for housing companies.
RESOLVED:
1. The progress of Merantun Development Limited (MDL) for the delivery of their new build housing programme be noted. 2. The progress on design and planning of the four sites be noted. 3. The year to date expenditure incurred by the Company be noted.
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