Decision details

Disposal of Council's Freehold Interest at 99-161 Ilderton Road, London SE16 3JZ

Decision Maker: Cabinet

Decision status: Information Only

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Agree disposal of freehold interest to head lessee for residential development with opportunity to acquire s106 housing

Decisions:

RESOLVED:

 

1.  That an option to acquire the council’s freehold interest in land at 99-161 Ilderton Road (as shown hatched black in Appendix 1 of the report) to CB Southberm 2 Limited (CB) for residential development in accordance with the terms set out in the closed cabinet report be granted.

 

2.  That the head of property be authorised to negotiate and agree terms for the option agreement and subsequent development agreement with CB.

Report author: Eleanor Kelly

Publication date: 20/07/2016

Date of decision: 19/07/2016

Decided at meeting: 19/07/2016 - Cabinet

Effective from: 28/07/2016

Accompanying Documents: