Issue - meetings

The Cabinet Member for Regeneration and Social Housing introduced a report updating the Cabinet on the disposal of land at North Street/London Road, Barking.

The Cabinet Member advised that on 5 February 2021, planning consent had been granted for a residential-led development at the land (reference 19/00855/FUL).  As a consequence of the planning negotiations, a marginal amendment was required to the proposed site boundary to facilitate the development.

The Cabinet Member for Finance, Performance and Core Services also confirmed that the developer was now intent on transferring its land to a wholly owned UK registered company prior to the land being acquired by the Council for planning purposes, with the successor company then undertake the development.

Cabinet resolved to:

(i)  Agree, otherwise on the same terms as previously agreed by Cabinet under Minute 117 (17 March 2020), to:

(a)  the acquisition of the Developer's Land for planning purposes pursuant to section 227 of the Town and Country Planning Act 1990, as shown edged green on the plan at Appendix 3 to the report;

(b)  the appropriation of the Council's land for planning purposes pursuant to section 122 of the Local Government Act 1972 as required to deliver the Development in accordance with Planning Consent 19/00855/FUL, as shown edged red on the plan at Appendix 2 to the report;

(c)  the disposal of the revised site area as required to deliver the Development in accordance with Planning Consent 19/00855/FUL, as shown edged red on the plan at Appendix 1 to the report;

(ii)  Approve the principle of contracting with a UK registered wholly owned subsidiary of the Developer on the same terms as previously agreed for the development;

(iii)  Delegate authority to the Managing Director, in consultation with Strategic Director, Law and Governance and the Cabinet Member for Regeneration and Social Housing, to agree (a) the new contracting party after appropriate due diligence had been undertaken, and (b) the contract documents to fully implement and effect the proposals set out in the report;

(iv)  Authorise the Strategic Director, Law and Governance, or an authorised delegate on her behalf, in consultation with the Managing Director, to execute all the legal agreements, contracts and other documents on behalf the Council; and

(v)  Delegate authority to the Managing Director to acquire the Developer's land pursuant to s227 of the Town and Country Planning Act 1990, appropriate the Council's land pursuant to section 122 of the GLA and use of the Council's powers pursuant to sections 203-206 of the Housing and Planning Act 2016 in respect of the land to override third party interests infringed by the development.