Issue - meetings
Disposal of council's freehold interest in former car pound, Mandela Way, SE1
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Meeting: 24/07/2018 - Cabinet (Item 20)
20 Disposal of Council's Freehold Interest in former car pound, Mandela Way, SE1
To seek approval to sell the freehold interest in land at Mandela Way to the long leaseholder owner of the site Firmdale Hotels for mainly residential development, subject to planning permission being obtained.
Supporting documents:
- Report: Disposal of Council's Freehold Interest in former car pound, Mandela Way, SE1, item 20
PDF 76 KB
- Appendix 1: Site plan, item 20
PDF 2 MB
Minutes:
RESOLVED:
That in accordance with the terms set out in the closed cabinet report:
1. The freehold interest in land at Mandela Way (as shown outlined in black in Appendix 1 of the report) be sold to the long leasehold owner of the site Firmdale Hotels for mainly residential development subject to planning permission being obtained.
2. The director of regeneration be authorised to negotiate the sale and development agreement with Firmdale Hotels and place a covenant on the site which binds successors in title to an affordable housing requirement.