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Times House and The Falcon Public House, South Kilburn - acquisition financing proposals.

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Meeting: 20/01/2016 - Cabinet (Item 13)

13 Times House and the Falcon Public House, South Kilburn - acquisition financing proposals pdf icon PDF 2 MB

This report seeks approval to bring land assembly forward in order to deliver proposals in respect of the South Kilburn regeneration programme, including the compulsory purchase of the Genesis owned Keniston Press, and the Greene King Retailing Limited owned Falcon Public House site.

Decision:

(i)         that authority be granted to acquire Times House, 50 Claremont Road,

London W9 3DZ, (the Keniston Press site), this financial year 2015/16, as detailed in Appendix 1 to the report (exempt);

 

(ii)        that authority be granted to acquire The Falcon Public House, 341 Kilburn Lane, London W9 3EG site, this financial year 2015/16, as detailed in Appendix 1 to the report (exempt);.

 

(ii)        that the Strategic Director of Resources, in consultation with the Strategic Director of Regeneration and Environment and the Chief Finance Officer be delegated authority to finalise the terms of the proposed acquisitions and enter into any associated agreements and contracts.

Minutes:

Councillor McLennan, Cabinet Member for Housing and Development, introduced the report reminding members that, in accordance with Brent’s Executive approval in 2011, site assembly was planned in order to deliver proposals in respect of the South Kilburn regeneration programme, including the compulsory purchase of the Genesis owned Keniston Press, and the Greene King Retailing Limited owned Falcon Public House site.

 

Councillor McLennan stated that as these acquisitions were programmed in future years, the report sought approval to bring land assembly forward, setting out the background, property information and options.

 

The Cabinet also had before them an appendix to the report which was not for publication as it contained the following category of exempt information as specified in Schedule 12 of the Local Government (Access to Information Act) 1972: 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 authority be granted to acquire Times House, 50 Claremont Road, London W9 3DZ, (the Keniston Press site), this financial year 2015/16, as detailed in Appendix 1 to the report (not for publication);

 

(ii)        that authority be granted to acquire The Falcon Public House, 341 Kilburn Lane, London W9 3EG site, this financial year 2015/16, as detailed in Appendix 1 to the report;.

 

(iii)       that the Strategic Director of Resources, in consultation with the Strategic Director of Regeneration and Environment and the Chief Finance Officer be delegated authority to finalise the terms of the proposed acquisitions and enter into any associated agreements and contracts.


 

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