Agenda item

Land Transactions: Former Richard Cloudesley School Site

Report of the Director of Community & Children’s Services.

N.B. – To be read in conjunction with the non-public report at Item 25.

Minutes:

The Committee considered a report of the Director of Community & Children’s Services regarding the development of the former Richard Cloudesley School Site and adjoining land for the purpose of a new primary school, 66 affordable housing units, and related development. The report, which was presented alongside a non-public progress report at Item 25 on the agenda, sought authority for land owned by the London Borough of Islington to be

acquired by the City of London Corporation and for related land transactions required for the City to implement the development on the site.

 

RESOLVED: That approval be granted to:-

·      the acquisition of the freehold title in the London Borough of Islington (LBI) Land for the purpose of a new primary Academy and social housing, with workshops to be located beneath part of the social housing;

·      the appropriation of the City’s Land from housing purposes to the City in its general corporate capacity for education purposes [other than the Housing Airspace which will remain held for housing purposes];

·      the grant of a leasehold interest of all the LBI Land and City Land on which the school is to be constructed to the City of London Academies Trust; and,

·      the Director of Children’s and Community Services being directed to conclude negotiations and final terms of the acquisitions and disposal in accordance with the principles set out in the report, to take any other steps as required in connection with any related documentation and associated transactions as may be necessary to complete the steps agreed, to implement the Development in accordance with the principles in the report, and to instruct the City Solicitor to enter into all necessary legal documents.

 

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