ORDERED that Executive:
1.
Approve the approach of Middlesbrough
Council acting as the master developer for the Newham Hall site - being
financially responsible for bringing the site forward for phased disposal and
marketing without external intervention or support from Homes England;
2.
Approve the use of the awarded Levelling
Up Fund 2 and Towns Fund grants, Strategic Highways Section 106 Funding, other
developer contributions and existing Council capital funding of £4.129m
dedicated to Housing Growth or other projects already contained within the
current capital programme to unlock and de-risk the Newham Hall housing site;
3.
Approve Delegated Authority for the
Director of Regeneration in respect of Public Open Space and Land Appropriation
process and;
4.
Approve Delegated Authority for the
Director of Regeneration and Director of Finance for further amendments to the
proposed disposal route.