Decision details

760 Old Kent Road, SE15 1NJ - Strategic Investment / Site Acquisition

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

It was not possible to circulate this report five clear days in advance of the meeting. The chair agreed to accept this item as urgent because if the council did not meet these timescales then it was likely the ability to complete this acquisition would be lost and the council would lose out on the opportunity to acquire a site providing substantial additional income and growth to support the delivery of council services and the prospect over the longer term to deliver new council homes on the site.

 

RESOLVED:

 

1.  That pursuant to s227 of the Town and Country Planning Act 1990, that the council be authorised to acquire the freehold interest in the property shown edged black on the plan at Appendix A of the report.

 

2.  That the principal purchase terms set out in full in paragraph 16 of the closed version of the report and substantially in paragraph 19 of the open report be authorised.

 

3.  That authority be delegated to the director of regeneration to agree the detailed terms of the acquisition.

Publication date: 21/10/2020

Date of decision: 20/10/2020

Decided at meeting: 20/10/2020 - Cabinet

Effective from: 29/10/2020

Accompanying Documents: