The reasons for urgency were agreed.

DECISION

1.    To note the further information on the planning permission and the s106 agreement, as they relate to the open space provision in the Alpha Square scheme, in line with the draft minutes of the meeting of Cabinet on 27 March. 

2.    To agree that the land at Wayside Gardens is declared surplus to the Council’s requirements and is sold to the developer’s property holding subsidiary, Drakar Limited, on the basis set out in this report.

3.    To delegate authority to the Corporate Director of Place to agree and negotiate the final terms of the proposed disposal and to agree any variations to the terms set out in this report to the benefit of the Council.

4.    To agree that works to improve existing parks and open spaces within the Isle of Dogs area are included as part of the development of the Council’s capital strategy and programme. 

5.    Note that the Council gave notice of its intention to dispose of the open space and that no objections were received by the closing date of 22 November 2018.

Action by:

CORPORATE DIRECTOR, PLACE (A. SUTCLIFFE)

(Senior Strategic Asset Manager (R. Million)

The Mayor introduced a report on the proposed disposal of land at Wayside Gardens.

He agreed the reasons for urgency as set out in the report, namely that:

“The report cannot await the next scheduled meeting of Cabinet in May because the purchasers of the Council land, who are the developers of the Alpha Square scheme, have indicated that an earlier decision is required in order to fit with its development timetable.  The negotiations with the developers have recently been concluded, with insufficient time for the report to be finalised and published at least five days prior to the meeting.  However it should be noted that the forthcoming decision notice was published in November 2018.”

The Mayor explained that before taking this decision he had asked officers to ensure that the Council could secure good open space and public realm enhancements. He agreed the recommendations as set out.

RESOLVED

1.    To note the further information on the planning permission and the s106 agreement, as they relate to the open space provision in the Alpha Square scheme, in line with the draft minutes of the meeting of Cabinet on 27 March. 

2.    To agree that the land at Wayside Gardens is declared surplus to the Council’s requirements and is sold to the developer’s property holding subsidiary, Drakar Limited, on the basis set out in this report.

3.    To delegate authority to the Corporate Director of Place to agree and negotiate the final terms of the proposed disposal and to agree any variations to the terms set out in this report to the benefit of the Council.

4.    To agree that works to improve existing parks and open spaces within the Isle of Dogs area are included as part of the development of the Council’s capital strategy and programme. 

5.    Note that the Council gave notice of its intention to dispose of the open space and that no objections were received by the closing date of 22 November 2018.