Decision details

The Cabinet will be asked to approve the delivery route for the Dagenham Film Studios project following planning approval being secured and to agree the appropriation of the film studios land for planning purposes.

Cabinet resolved to:

(i)  Agree that a long leasehold sale of land represents the best route to deliver Film studios in Dagenham;

(ii)  Agree to a 250 year leasehold sale of the land shown edged red in the plan at Appendix 2 to the report and delegate authority to the Chief Operating Officer, in consultation with the Cabinet Member for Finance, Performance and Core Services, the Cabinet Member for Regeneration and Social Housing and the Director of Law and Governance, to conclude sale agreements and a lease and any related documents for disposal to the preferred bidder in line with the terms set out in section C1 of Appendix 1 to the report;

(iii)  Agree to a 250 year leasehold sale of the land shown edged red in the plan at Appendix 3 to the report and delegate authority to the Chief Operating Officer, in consultation with the Cabinet Member for Finance, Performance and Core Services, the Cabinet Member for Regeneration and Social Housing and the Director of Law and Governance, to conclude sale agreements and a lease and any related documents for disposal to the preferred bidder in line with the terms set out in section C2 of Appendix 1 to the report;

(iv)  Agree to acquire part of the LEUK site as shown edged red in the plan at Appendix 4 to the report from LEUK (which is in turn owned by Barking & Dagenham Trading Partnership) and delegate authority to the Chief Operating Officer, in consultation with the Cabinet Member for Finance, Performance and Core Services, the Cabinet Member for Regeneration and Social Housing and the Director of Law and Governance, to conclude the transfer and any related documents on the terms set out in paragraph 1.1 of Appendix 1 to the report; and

(v)  Agree to a 10+10 year lease and pre-emption agreement of the land known as Welbeck Wharf, as shown edged red in the plan at Appendix 5 to the report, and delegate authority to the Chief Operating Officer, in consultation with the Cabinet Member for Finance, Performance and Core Services, the Cabinet Member for Regeneration and Social Housing and the Director of Law and Governance, to conclude the lease and any related documents to the preferred bidder in line with terms set out in Section D of Appendix 1 to the report.