- To note :
a)
The current progress in analysing the results of the
consultation, and to ask officers to continue to complete this
process so as to present a final analysis of the consultation
outcomes when Cabinet next discusses the overall
proposals.
b)
The proposed terms of the Tenant and Freeholder
guarantees.
c)
That discussions with Capital and Counties
Properties plc will continue to clarify remaining matters so that
Cabinet is in a position to consider a final decision on the
transfer of land as soon as possible.
- That expenditure of
up to £116,710 per annum to provide additional staff
resources to manage the ongoing process be approved .
- That expenditure of
up to £1,070,000 of fees to
provide professional advice as set out in section 8 of this report
be approved.
- That officers be
instructed to continue negotiations with Capco; continue to ensure
the Cabinet can take a future decision on the best possible advice
and that, if the Council decide to proceed with the CLSA, it should
do so on the understanding that it will offer further opportunities
to affected tenants and other residents to better understand the
possible ways in which the comprehensive redevelopment option might
work out for them.
- That Cabinet notes
that the currents terms in the draft CLSA as suitable for
recommendation to Council, subject to no new issues being raised,
no changes in the major terms and no adverse advice from our
advisers, or other compelling problems arising, and
- That Cabinet receives
a further report at a future date that brings together current
advice at that time; the completed analysis on the statutory
consultation undertaken, and all other matters relevant for future
decision, be approved.