Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Seeking approval to accepting offers from King Street Developments (Hammersmith) Ltd. and Tesco Stores Ltd. to enable the project to proceed.
1.1. That approval be given to accepting the offer from King Street Developments (Hammersmith) Ltd to pay a commuted sum (as set out in the exempt report) under the King Street Regeneration Project to the Council for off-site affordable housing;
1.2. That approval be given to accepting the offer from Tesco Stores Ltd to pay a sum (as set out in the exempt report) to the Council and provide a total of six shared ownership residential units as consideration for releasing the restrictive covenant on the site at 84 - 90B High Street in Fulham; and
1.3. That the transactions in recommendations 2.1 and 2.2 be completed simultaneously.
Report author: Maureen McDonald-Khan
Publication date: 03/03/2015
Date of decision: 02/03/2015
Decided at meeting: 02/03/2015 - Cabinet
Effective from: 09/03/2015
Accompanying Documents: