Issue - meetings

Report of the Director of Corporate Resources - To be introduced by the Cabinet Member for Resources): To report on the development opportunity that has arisen at 505-511 Archway Road and to seek a decision to declare the property surplus to the Council’s requirements.

(Report of the Director of Corporate Resources – Agenda Item 26):

The interleaved report was the subject of a motion to exclude the press and public from the meeting as it contained exempt information relating to the business or financial affairs of any particular person (including the Authority holding that information).

It was important to note that any development of the site, or of any site, by a successful leaseholder, as the statutory practise, requires a planning brief. The planning permission for the development of a   site is eventually sought through the planning committee and therefore any representations considered at this stage.

RESOLVED:

1. That approval be granted to the removal of 505-511 Archway Road, N6 from the Commercial Portfolio in order to enable the business lease to be terminated on the basis of developing the site with appropriate social and physical regeneration outcomes.

2. That, having considered the merits of each of the options outlined in the interleaved report the Head of Corporate Property Services be authorised to dispose of 505-511 Archway Road, N6 in accordance with the terms outlined in section 2.2 of the report.