Agenda item

Report of the Chief Planning Officer and Development Director.

N.B.: Appendix 5 to this report will be considered in Non-Public session.

The Deputy Chairman withdrew from the meeting at this point.

The Committee considered a report of the Chief Planning Officer seeking approval for the acquisition of land for planning purposes by agreement under section 227 of the Town & Country Planning Act 1990 enabling the operation of powers under Section 203 of the Housing & Planning Act 2016 to facilitate the carrying out of the redevelopment of 21 Moorfields.

RESOLVED – That, Members authorise acquisition of an interest in the Redevelopment Site by the City under S227 in order to engage powers under S203 for the planning purpose of facilitating the carrying out of the revised development (as described in paragraph 4 of the Main Report) and subsequent disposal of that interest to the Owner (or an associated company) under section 223 of the Town & Country Planning Act.

Subject to:

(i)            the City Surveyor being satisfied, following receipt of Counsel’s opinion, that the risks associated with the transaction are acceptable;

(ii)          there being a suitable Deed of Indemnity (as described in Paragraph 22) in place satisfactory to the City Surveyor; and

(iii)         the acquisition and disposal referred to above being substantially in accordance with the arrangements in Appendix 2 to this report with authority being delegated to the City Surveyor to agree final terms.