ADD2027 Cane Hill – Grant payment to TfL

Type of decision: 
Assistant Director's decision
Code: 
ADD2027
Date signed: 
08 September 2016
Decision by: 
Simon Powell, Assistant Director of Strategic Projects and Property

Executive summary

This paper seeks approval for the payment of additional capital grant to Transport for London (TfL).  The payment is being made in acknowledgement of the costs incurred by TfL in respect of historic infrastructure works at the Cane Hill site.
In December 2015 the GLA made a payment of £26,000 to TfL by way of capital grant in acknowledgement of the costs incurred by TfL in respect of these historic infrastructure works.  
 

Decision

That the Assistant Director approves the GLA paying Transport for London additional capital grant of £5,200 pursuant to Section 120 of the Greater London Authority Act 1999.

 

Part 1: Non-confidential facts and advice

Introduction and background

1.1.    See ADD368 for detailed background of the infrastructure works carried out by Transport for London (TfL) at the Cane Hill site, which were completed at a cost to TfL in excess of £200,000. ADD368 approved a capital grant of £26,000 to TfL.
1.2.    In December 2015 the GLA made a payment of £26,000 to TfL by way of capital grant in acknowledgement of the costs incurred by TfL in respect of these historic infrastructure works.  TfL are seeking an additional £5,200 in respect of these costs. Although the GLA had previously believed that TfL would meet the £5,200 historical cost, they have since confirmed that they are unable to and need the GLA to cover this cost which has now been agreed.
 

Objectives and expected outcomes

2.1    It is proposed that a grant of £5,200 be paid to TfL under s120 of the Greater London Authority Act 1999 in acknowledgement of the costs incurred by TfL in respect of historic infrastructure works at the Cane Hill site.

2.2    This payment is the final settlement with TfL for the infrastructure works at Cane Hill.
 

Equality comments

3.1    The needs of those with protected characteristics, who are most likely to be in housing need, will be helped through this Cane Hill scheme. The scheme is on site and expected to produce 675 homes including 163 affordable homes which contain a large number of three and four bed family homes, including 16 homes suitable for wheelchair users, which will have a positive impact on people with disabilities.

 

Other considerations

4.1     The payment of grant is in acknowledgement of the costs incurred by TfL to enable the development of the wider Cane Hill site which is providing a substantial number of new homes in line with the mayoral commitments for housing and economic regeneration. 

 

Financial comments

5.1    This decision seeks approval to expend £5,200 Capital Grant to acknowledge the costs incurred by TfL in respect of historic infrastructure works at the Cane Hill site. This payment is in addition to £26,000 agreed through ADD368 and is the final instalment to TfL in respect of this site.

5.2    The expenditure is available from the dedicated Cane Hill capital budget in Housing & Land department and will be expended in 2016/17 financial year. Any changes to this proposal, including the requirement of additional funds, will be subject to further approval via the Authority’s decision making process.