Common use of Private Housing Market Supply Clause in Contracts

Private Housing Market Supply. 2.6.1 Within [6] months following Commencement, East Suffolk Council shall prepare a draft Private Housing Supply Plan and shall submit the draft Private Housing Supply Plan to the AWG for approval. 2.6.2 SZC Co shall pay the Housing Fund to East Suffolk Council in the following instalments for the purposes of delivering bedspaces in accordance with initiatives set out by the Private Housing Supply Plan: (A) no later than [1] month following the date of the approval of the Private Housing Supply Plan by the AWG, £[●] to be applied in accordance with the approved Private Housing Supply Plan; (B) from the first anniversary of the date of the approval of the Private Housing Supply Plan to the sixth anniversary of the date of the approval of the Private Housing Supply Plan, £[●], to be applied in accordance with the approved Private Housing Supply Plan. 2.6.3 Every 6 months following the approval of the Private Housing Supply Plan, East Suffolk Council shall provide the Accommodation Working Group with the following information: (A) expenditure of Housing Fund monies paid pursuant to paragraph 2.6.2 and the Private Housing Supply Plan by category of initiative and location; (B) bedspaces delivered by Housing Fund monies paid pursuant to paragraph 2.6.2 and the Private Housing Supply Plan by category of initiative and location; and (C) bedspaces planned for delivery using Housing Fund monies paid pursuant to paragraph 2.6.2 and the Private Housing Supply Plan by category of initiative and location; 2.6.4 Every 6 months following the approval of the Private Housing Supply Plan, SZC Co shall provide the Accommodation Working Group with the following information from the most recent workforce survey undertaken pursuant to paragraph 6.2 of this Schedule 3: (A) estimated number of NHB Workers; (B) estimated locations of NHB Workers; and (C) estimated split of Accommodation Types used by NHB Workers. 2.6.5 The Accommodation Working Group may decide upon the receipt of information pursuant to 2.6.3 and 2.6.4 and any other information that the Accommodation Working Group (acting reasonably) considers necessary, to review the Private Housing Supply Plan and following such a review to instruct East Suffolk Council to prepare a revised draft Private Housing Supply Plan for its approval. 2.6.6 East Suffolk Council shall use reasonable endeavours to identity initiatives: (A) for which the sums paid pursuant to paragraph 2.6.2 are required prior to the sixth anniversary of the Commencement Date; (B) that are practicably deliverable before the sixth anniversary of the Commencement Date; and (C) would deliver at least 1,000 bedspaces before the sixth anniversary of the Commencement Date.

Appears in 2 contracts

Samples: Section 106 Agreement, Section 106 Agreement

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Private Housing Market Supply. 2.6.1 Within [6] months following Commencement, East Suffolk Council shall prepare a draft Private Housing Supply Plan and shall submit the draft Private Housing Supply Plan to the AWG for approval. 2.6.2 SZC Co shall pay the Housing Fund to East Suffolk Council in the following instalments for the purposes of delivering bedspaces in accordance with initiatives set out by the Private Housing Supply Plan:Plan:‌ (A) no later than [1] month following the date of the approval of the Private Housing Supply Plan by the AWG, £[●] to be applied in accordance with the approved Private Housing Supply Plan; (B) from the first anniversary of the date of the approval of the Private Housing Supply Plan to the sixth anniversary of the date of the approval of the Private Housing Supply Plan, £[●], to be applied in accordance with the approved Private Housing Supply Plan. 2.6.3 Every 6 months following the approval of the Private Housing Supply Plan, East Suffolk Council shall provide the Accommodation Working Group with the following information:information:‌ (A) expenditure of Housing Fund monies paid pursuant to paragraph 2.6.2 and the Private Housing Supply Plan by category of initiative and location; (B) bedspaces delivered by Housing Fund monies paid pursuant to paragraph 2.6.2 and the Private Housing Supply Plan by category of initiative and location; and (C) bedspaces planned for delivery using Housing Fund monies paid pursuant to paragraph 2.6.2 and the Private Housing Supply Plan by category of initiative and location; 2.6.4 Every 6 months following the approval of the Private Housing Supply Plan, SZC Co shall provide the Accommodation Working Group with the following information from the most recent workforce survey undertaken pursuant to paragraph 6.2 of this Schedule 3:3:‌ (A) estimated number of NHB Workers; (B) estimated locations of NHB Workers; and (C) estimated split of Accommodation Types used by NHB Workers. 2.6.5 The Accommodation Working Group may decide upon the receipt of information pursuant to 2.6.3 and 2.6.4 and any other information that the Accommodation Working Group (acting reasonably) considers necessary, to review the Private Housing Supply Plan and following such a review to instruct East Suffolk Council to prepare a revised draft Private Housing Supply Plan for its approval. 2.6.6 East Suffolk Council shall use reasonable endeavours to identity initiatives: (A) for which the sums paid pursuant to paragraph 2.6.2 are required prior to the sixth anniversary of the Commencement Date; (B) that are practicably deliverable before the sixth anniversary of the Commencement Date; and (C) would deliver at least 1,000 bedspaces before the sixth anniversary of the Commencement Date.

Appears in 1 contract

Samples: Section 106 Agreement

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Private Housing Market Supply. 2.6.1 Within [6] months following Commencement, East Suffolk Council shall prepare a draft Private Housing Supply Plan and shall submit the draft Private Housing Supply Plan to the AWG for approval. 2.6.2 SZC Co shall pay the Housing Fund to East Suffolk Council in the following instalments for the purposes of delivering bedspaces in accordance with initiatives set out by the Private Housing Supply Plan:Plan:‌ (A) no later than [1] month following the date of the approval of the Private Housing Supply Plan by the AWG, £[●] to be applied in accordance with the approved Private Housing Supply Plan; (B) from the first anniversary of the date of the approval of the Private Housing Supply Plan to the sixth anniversary of the date of the approval of the Private Housing Supply Plan, £[●], to be applied in accordance with the approved Private Housing Supply Plan. 2.6.3 Every 6 months following the approval of the Private Housing Supply Plan, East Suffolk Council shall provide the Accommodation Working Group with the following information:information:‌ (A) expenditure of Housing Fund monies paid pursuant to paragraph 2.6.2 and the Private Housing Supply Plan by category of initiative and location; (B) bedspaces delivered by Housing Fund monies paid pursuant to paragraph 2.6.2 and the Private Housing Supply Plan by category of initiative and location; and (C) bedspaces planned for delivery using Housing Fund monies paid pursuant to paragraph 2.6.2 and the Private Housing Supply Plan by category of initiative and location; 2.6.4 Every 6 months following the approval of the Private Housing Supply Plan, SZC Co shall provide the Accommodation Working Group with the following information from the most recent workforce survey undertaken pursuant to paragraph 6.2 of this Schedule 3:3:‌ (A) estimated number of NHB Workers; (B) estimated locations of NHB Workers; and (C) estimated split of Accommodation Types used by NHB Workers. 2.6.5 The Accommodation Working Group may decide upon the receipt of information pursuant to 2.6.3 and 2.6.4 and any other information that the Accommodation Working Group (acting reasonably) considers necessary, to review the Private Housing Supply Plan and following such a review to instruct East Suffolk Council to prepare a revised draft Private Housing Supply Plan for its approval. 2.6.6 East Suffolk Council shall use reasonable endeavours to identity initiatives: (A) for which the sums paid pursuant to paragraph 2.6.2 are required prior to the sixth anniversary of the Commencement Date; (B) that are practicably deliverable before the sixth anniversary of the Commencement Date; and (C) would deliver at least 1,000 bedspaces before the sixth anniversary of the Commencement Date.

Appears in 1 contract

Samples: Section 106 Agreement

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