URL: https://democracy.merton.gov.uk/ieDecisionDetails.aspx?ID=1684

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose: To review the financial position of the authority and adjust financial information as appropriate and approval to enter into a GLA grant agreement for grant from Homes for Londoners: Affordable Homes Programme 2021-2026.  

Content: To review the financial position of the authority and adjust financial information as appropriate and approval to enter into a GLA grant agreement for grant from Homes for Londoners: Affordable Homes Programme 2021-2026.     RESOLVED:   A.   That Cabinet notethe financial reportingdata for period 7(October) relatingto revenue budgetarycontrol, showinga forecastnet adversevariance of £13.387mwhen corporateand fundingitems areincluded. B.   ThatCabinet notethe contentsof Section7 ofthe reportand appendices5a to 5d and approve the proposed adjustments to the programme in Appendix 5b ThatCabinet notethe contentsof Section7 ofthe reportand appendices5a to 5d and approve the proposed adjustments in the Table here: Monitoring Report 2024-25 - period 7 Cabinet with appendices v2.pdf C.      ThatCabinet notethe conditions/termsin relationto theGreater London Authority(GLA) grantsfor thefirst 93houses andapprove enteringinto agrant agreement with the GLA to receive the grants from the GLA's Homes for Londoners: Affordable Homes Programme 2021-2026 Greater London Authority (GLA) and approve the Section 151 officer signing the grant agreements on behalf of Merton.

Date of Decision: December 16, 2024