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Cabinet - Council rent increases and an Olympic legacy fund created

Wednesday, January 9, 2013
4:29 PM

Plans to increase rents, service charges and heating charges during the next financial year have been approved.

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However, garage and parking charges will remain the same.

The average rent increase will be 3.56 per cent for council tenants taking the average weekly rent from £95.19 to £98.58.

The average service charge will increase from £4.72 to £4.98 each week.

Garage charges will remain the same at either £10 or £15 depending on location.

Heating and hot water charges will increase of an average 6 per cent to £12.31 a week. However heating charges for the Orchard Estate, Broadmead road, Woodford Green will be unchanged until an energy review is conducted.

Also approved during the cabinet meeting was a fund to pay for initiatives which will build on the values of the Olympics and Paralympics.

The Legacy Fund has been given £300,000 raised from the Snoozebox temporary hotel which was based in Hainault Forest Country Park, Fox Burrow Road, Hainault.

The fund will be used to encourage sustainability; community and volunteering; culture and heritage; and sport, physical activity and health.

Money will be available to Redbridge-based not for profit organisations which has a project promoting these themes.

The maximum grant for any one project is £15,000 and each organisation can only receive the grant once.

The application process should be open next month.

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