Issue details
Plot 3, Land East of Victoria Centre, Acton Lane, Park Royal (NW10) Land acquisition and development agreement.
To provide authority to purchase Plot 3, Land
East of Victoria Centre, Acton Lane, Park Royal (NW10) and enter
into a development agreement, or alternative contracting structure,
with the seller, for the provision of a 141 apartment supported
housing facility, subject to an independent valuation and cost
report confirming value for money, clean and marketable title,
satisfactory planning permission and subject to contract.
To provide delegated authority to the Strategic Director Resources,
in consultation with the Operational Director of Adult Social Care
and the Chief Finance Offer, to finalise the terms of the proposed
acquisition and enter into any associated agreements and contracts
with the seller, if the Council’s offer for the site is
successful.
To provide authority to apply to the Greater London Authority (GLA)
for grant funding to offset the purchase costs and achieve
affordable rents to maximise long-term sustainability.
Decision type: Key
Decision status: Recommendations Approved
Wards affected: Stonebridge;
Notice of proposed decision first published: 21/04/2017
Anticipated restriction: Part exempt - View reasons
Explanation of anticipated restriction:
Appendix 1: Investment appraisal (not for publication by virtue of paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972).
Decision due: 22 May 2017 by Cabinet
Lead member: Leader
Lead director: Strategic Director, Resources
Department: Resources
Contact: Sarah Chaudhry, Head of Strategic Property Email: sarah.chaudhry@brent.gov.uk Tel: 020 8937 1705.
Decisions
- 23/05/2017 - Plot 3, Land East of Victoria Centre, Acton Lane, Park Royal - Land acquisition, Design & Build Proposals
Agenda items
- 22/05/2017 - Cabinet Plot 3, Land East of Victoria Centre, Acton Lane, Park Royal - Land acquisition, Design & Build Proposals 22/05/2017
Documents
- Plot 3, Land East of Victoria Centre, Acton Lane, Park Royal (NW10) Land acquisition and development agreement.