Agenda item

South Kilburn Regeneration

This report summarises the procurement process undertaken by the Council to dispose of two sites within the South Kilburn Regeneration area, known as (i) Cambridge Court, Wells Court,(ii) Ely Court; and (iii) Bond House, Hicks Bolton House and Wood House which will be disposed of in the form of three leasehold interests (see plans at Appendix 1, 2 and 3), and seeks authority to dispose of these 3 sites.

Decision:

(i)         that the mini-competition process undertaken by panel members set out within paragraphs 3.9 to 3.17 of the report from the Director of Regeneration and Major Projects be noted;

(ii)        that approval be given to the disposal of the land at Cambridge Court, Wells Court and Ely Court; and Bond House, Hicks Bolton House and Wood House (see plans at Appendix 1, 2 and 3),to Catalyst Housing Group subject to:

                           (1)        Catalyst Housing Group entering into a Development and Sale Agreement with the Council.  The Development and Sale Agreement to provide for the acquisition of the land for the sum set out in Appendix 6 (restricted) and to contain such other terms as are approved by the Director of Regeneration and Major Projects in consultation with the Borough Solicitor.

                           (2)        The Council obtaining the Secretary of State’s consent to the disposal under Section 32 of the Housing Act 1985;

(iii)       that agreement be given to that the sum set out in Appendix 6 (restricted) from the proceeds of the sales be re-invested into the regeneration of South Kilburn, including for the purposes of bringing forward further development sites within the regeneration area in line with priorities set out in paragraphs 4.1 of the Director’s report;

(iv)       that agreement be given to the rent assumptions for both sites as set out in paragraphs 3.18 to 3.23 of the report;

(v)        that agreement be given to the proposed next steps within paragraphs 4.1 to 4.6 of the Director’s report;

(vi)       that the Director of Regeneration and Major Projects (in consultation with the Director of Legal and Procurement) appropriate the land comprised in (i) Cambridge Court, Wells Court, (ii) Ely Court; and (iii) Bond House, Hicks Bolton House and Wood House (described in the plans in Appendix 1, 2 and 3) under Section 122 of the Local Government Act 1972 for planning purposes when it is no longer required for the purposes for which it is currently held.

Minutes:

The report from the Director of Regeneration and Major Projects summarised the procurement process undertaken by the council to dispose of two sites within the South Kilburn Regeneration area, known as (i) Cambridge Court, Wells Court, (ii) Ely Court; and (iii) Bond House, Hicks Bolton House and Wood House which would be disposed of in the form of three leasehold interests and sought authority to dispose of these three sites to a housing association. Councillor Crane (Lead Member, Regeneration and Major Projects) stated that this was a good news story planning permission for which had been obtained in February and May 2011. He advised that the rent levels would be set at target rents, examples of which were set out in the report, higher than for previous developments. The sites would provide further decant capacity for Bronte and Fielding House and the next steps would include planning permission for Queens Park Station development and progressing phase 2 of the programme.

 

The Executive also had before them an appendix to the report which was not for publication as it contained the following category of exempt information as specified in Schedule 12 of the Local Government (Access to Information Act) 1972: 

 

Information relating to the financial or business affairs of any particular person (including the authority holding that information).

 

RESOLVED:-

 

(i)         that the mini-competition process undertaken by panel members set out within paragraphs 3.9 to 3.17 of the report from the Director of Regeneration and Major Projects be noted;

 

(ii)        that approval be given to the disposal of the land at Cambridge Court, Wells Court and Ely Court; and Bond House, Hicks Bolton House and Wood House (see plans at Appendix 1, 2 and 3), to Catalyst Housing Group subject to:

(1)       Catalyst Housing Group entering into a Development and Sale Agreement with the council.  The Development and Sale Agreement to provide for the acquisition of the land for the sum set out in Appendix 6 (restricted) and to contain such other terms as are approved by the Director of Regeneration and Major Projects in consultation with the Borough Solicitor.

(2)       The Council obtaining the Secretary of State’s consent to the disposal under Section 32 of the Housing Act 1985;

 

(iii)       that agreement be given to that the sum set out in Appendix 6 (restricted) from the proceeds of the sales being re-invested into the regeneration of South Kilburn, including for the purposes of bringing forward further development sites within the regeneration area in line with priorities set out in paragraphs 4.1 of the Director’s report;

 

(iv)       that agreement be given to the rent assumptions for both sites as set out in paragraphs 3.18 to 3.23 of the report;

 

(v)        that agreement be given to the proposed next steps within paragraphs 4.1 to 4.6 of the Director’s report;

 

(vi)       that the Director of Regeneration and Major Projects (in consultation with the Director of Legal and Procurement) appropriate the land comprised in (i) Cambridge Court, Wells Court, (ii) Ely Court; and (iii) Bond House, Hicks Bolton House and Wood House (described in the plans in Appendix 1, 2 and 3) under Section 122 of the Local Government Act 1972 for planning purposes when it is no longer required for the purposes for which it is currently held.

Supporting documents: