Decision details

Having considered a confidential officer report, and a presentation by the

Cabinet Member for Housing, Councillor Paul Bell, the Mayor and Cabinet

for the reasons set out in the report by a roll call vote of 10-0:

RESOLVED that:

(1) the viability issues relating to Phase 3 and the work being undertaken

between the Council, L&Q and the GLA to improve the financial position be

noted;

(2) the financial position in terms of the Council’s land assembly be noted;

(3) an increase to the Phase 3 land assembly budget by a stated sum for the

reasons outlined be approved;

(4) the transfer the land at 1 & 3 Baudwin Road to L&Q on the basis set out in

the Part 1 report for nil consideration be approved;

(5) Subject to approval of the above recommendation, authority be delegated

to the Executive Director for Housing, Regeneration and Environment in

conjunction with the Director of Law and Director of Corporate Resources to

agree the final terms for the transfer of the land to L&Q.