Decision Maker: Council, Cabinet
Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: No
Decision:
Cabinet:
- Agreed to the
Council entering into direct negotiations with landowners to
purchase up to 23 residential properties on Waterloo Road and
Oldchurch Road, Romford through private
treaty.
- Agreed to delegate
to the Director of Regeneration authority to take all necessary
steps to enable and complete the acquisitions outlined in
Resolution 1 above following consultation with the Director of
Finance; that includes the authority to approve the terms to enable
of the acquisition by private treaty, any financial arrangements
for relocation of current land owners or tenants, completion of
relevant agreements and appointments of relevant
professionals.
- Agreed following
agreement on resolutions 1 and 2 above to agree to recommend to
Council to include sufficient financial provision as set out in
Appendix A, to enable the private treaty purchase of the 23
residential properties on Waterloo Road and Oldchurch Road, Romford.
- Noted that the
transfer of the properties acquired via this Cabinet decision may
be transferred to the Bridge Close Regeneration LLP in accordance
with the terms set out in the Land Acquisition Strategy, the Land
Agreement and the Members Agreement.
Publication date: 06/12/2018
Date of decision: 29/11/2018
Decided at meeting: 29/11/2018 - Cabinet
Accompanying Documents: