Issue - meetings

To agree terms for the Greater London Authority to release the restrictive covenant affecting 1–3 Odessa Street.

Councillor David Hubber, ward member, welcomed the progress and expressed support for the proposals before cabinet.  Councillor Hubber raised a number of concerns including the poor condition of the crane at the site and whether it would be possible to renovate or relocate and expressed the need for affordable housing on site.

RESOLVED:

1.  That the terms set out in the closed version of this report for the Greater London Authority to release the restrictive covenant affecting 1-3 Odessa Street be agreed.

2.  That following release of the restrictive covenant and Hollybrook Homes securing planning consent for the regeneration of 1-4 Odessa Street the council will transfer to Hollybrook Homes 1-3 Odessa Street the extent of which is shown hatched on the plan at Appendix C of the report on the principal terms set out in the closed version of this report.

3.  That it be agreed that the council subsequently acquires the freehold interest at nominal consideration under section 227 of the Town and Country Planning Act 1990 the land shown cross-hatched on the plan at Appendix C of the report from Hollybrook Homes to extend the Thames Path and provide public realm.

4.  That detailed terms be delegated to the head of property to agree and to take the necessary action to effect recommendations 1-3 including the extent of riverfront land at 1-3 Odessa Street to be transferred back to the council.