Issue - meetings

Councillor Andrew Jones endorsed the scheme and highlighted that the Administration had successfully negotiated an increased affordable housing offer.  The Leader noted that the Administration had inherited the scheme with little affordable housing provision.  There had been a significant improvement to the affordable housing offer which will benefit local residents.  A review of the Council office accommodation will take place once the Council’s long term requirements are established.

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.