Issue - decisions

1.  That a variation to the Land Swap Agreement dated 11 August 2020 between the council, London Underground Limited, TTL Southwark Properties Limited, Transport Trading Limited and TTL Properties Limited be entered into.

2.  That a Development Sales Agreement for the purchase of 44 affordable homes and community space at Joan Street, SE1 under a 150 year lease be entered into with Places for London Limited (the Seller) and Platinum Southwark Limited (the Developer).

3.  That a licence to occupy the council’s land for the Developer’s site set up, welfare facilities, the delivery of landscaping works and crane oversailing associated with planning permission 24/AP/2770 be included within the Development Sales Agreement.

4.  That the council enters into a Deed of Covenant with London Underground Limited and Places for London Limited that commits the council not to build on the land set out in in Appendix 2 for the lifetime of the affordable housing building to be delivered by planning permission 24/AP/2770 and acquired by the council under the Development Sales Agreement as proposed by recommendation 2 of the report.