Issue - decisions

Extra Care Housing Development at The Linelands, Nettleham, with LACE Housing Limited

02/09/2020 - Extra Care Housing Development at The Linelands, Nettleham, with LACE Housing Limited

(1)   That the payment of a sum of £1.99m from the Extra Care Housing Capital Programme for Lincolnshire to LACE Housing Ltd through a Funding Agreement to support the development of The Linelands be approved.  Lincolnshire County Council and LACE Housing Ltd will enter into a Nominations Agreement and Funding Agreement to secure nomination rights for Lincolnshire County Council on 20 units, through a process of first refusal with no void risk.

 

(2)   That the Executive Director for Adult Care and Community Wellbeing, in consultation with the Executive Councillor for Adult Care, Health and Children's Services, be delegated authority to determine the final form, and approve the entering into of all legal documentation necessary to give effect to the above decision.


 

 
 
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