Decision details

Approval of recommendations made by scrutiny chair regarding requesting revaluation of Wembley Stadium in the event of a sale; factors to consider in the allocation of CIL; and making mattress-tagging a condition of landlord licences.

Reason for deferral from September to October Cabinet meeting: Officers to undertake further work and engagement around the proposals.

RESOLVED:

      i.        Cabinet considered the following recommendations made by the Resources and Public Realm Scrutiny Committee:

a.    That subject to the confirmation of the sale of Wembley Stadium, the London Borough of Brent would write to the Valuation Office at the point the stadium passes to the new owners to ask that its business rates valuation were reconsidered. If the stadium was to be used purely to generate private profit the full amount possible should be returned to the taxpayers of London (through the London business rates pilot pool).

b.    That Cabinet would give due consideration of geographical spread when allocated Strategic Community Infrastructure Levy (CIL) monies to projects in future.