Issue - decisions
South Kilburn Regeneration
(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.