Issue details

Gascoigne East Phase 3A (Block I), Gascoigne West Phase 2 and Padnall Lake Phase 2 - Approval of Disposals, Head Lease and Loan Facility Agreement

The Cabinet will be asked to approve the disposal, by way of leases to the appropriate B&D Reside entity, of the Gascoigne East Phase 3A (Block I), Gascoigne West Phase 2 and Padnall Lake Phase 2 schemes expected to be completed in Spring 2024, together with proposals relating to a loan facility and premium to enable the disposals.

Decision type: Key

Decision status: Approved

Wards affected: Chadwell Heath; Gascoigne;

Notice of proposed decision first published: 20/12/2023

Issue Category: Financial;

Decision due: 19 Feb 2024 by Cabinet

Lead member: Regeneration & Economic Development Portfolio

Lead director: Strategic Director, Inclusive Growth

Department: Inclusive Growth

Contact: Rebecca Ellsmore, Strategic Head of Place and Development, IG Email: rebecca.ellsmore@lbbd.gov.uk.

Decisions

Agenda items