Decision details
Olympic Way
Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
To give approval to entering into a legal agreement for the long term management, maintenance and improvement to Olympic Way Wembley and to agree a share of revenue from advertising and other activity to fund its upkeep.
[Appendix 1 and 2 of this report is not for publication as it contains the following category of exempt information in paragraph 3 Schedule 12(A) of the Local Government Act 1972 namely: information relating to the financial or business affairs of any particular person (including the Authority holding the information)].
Decision:
(i) that approval be given to the drawing up of a legal agreement with Quintain Estates on the future maintenance of Olympic Way and share of income from advertising and other activities;
(ii) that officers prepare, subject to further legal advice, legal documents for the Olympic Way agreement based on the principles set out in paragraph 3.13 of this report;
(iii) that approval of the exact terms of that agreement be delegated to the Director of Regeneration Major Projects/ Assistant Director, Property and Asset Management.
Wards Affected: Tokyngton;
Contact: Dave Carroll, Planning and Development Email: dave.carroll@brent.gov.uk Tel: 020 8937 5202.
Report author: Dave Carroll
Publication date: 26/11/2012
Date of decision: 12/11/2012
Decided at meeting: 12/11/2012 - Executive
Accompanying Documents: