One Tower Bridge - overage agreement proceeds

Mae'r ymateb i'r cais hwn yn hwyr iawn. Yn ôl y gyfraith, ym mhob amgylchiad, dylai Southwark Borough Council fod wedi ymateb erbyn hyn. (manylion). Gallwch gwyno drwy yn gofyn am adolygiad mewnol.

Dear Southwark Council,

On 10 August 2011, Southwark Council signed a development agreement to sell Land adjacent to Tower Bridge to Berkeley Homes Plc for the sum of £4m.

The development agreement contained an 'overage' clause meaning that Southwark would receive a share of any overage profit once Berkeley's 'One Tower Bridge' development was completed.

Please tell me how much overage profit (if any) the Council actually received from Berkeley as a result of this agreement.

Yours faithfully,

Jerry Flynn
35% Campaign
www.35percent.org

accessinfo, Southwark Borough Council

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