Issue - meetings

Appendix 2 to the report is exempt from publication as it contains commercially confidential information (exempt under paragraph 3, Part 1, Schedule 12A of the Local Government Act 1972 (as amended)).

The Cabinet Member for Finance, Performance and Core Services introduced a joint report on the proposed terms of the sale of Council-owned land at Wedderburn Road, Barking, deemed surplus to the Council’s requirements, to facilitate a private development of 12 flats at the location.

The Cabinet Member advised that the terms of disposal had been independently assessed in line with Royal Institution of Chartered Surveyors guidelines and that the development by Broom Consultants Limited, who owned the adjoining site at 2A Cranborne Road, had received planning approval in December 2020.

Cabinet resolved to:

(i)  Approve the sale of the Council-owned land at Wedderburn Road, Barking, as shown edged red in the site plan at Appendix 1b to the report, to Broom Consultants Ltd on the terms set out in Appendix 2 to the report;

(ii)  Delegate authority to the Strategic Director, My Place, in consultation with the Strategic Director, Law and Governance and the Cabinet Member for Finance, Performance and Core Services, to agree the final terms and contract documentation to fully implement the sale of the site; and

(iii)  Authorise the Strategic Director, Law and Governance, or an authorised delegate on her behalf, to execute all the legal agreements, contracts, and other documents on behalf of the Council.