Canada Water regeneration - receipts from sale of council land

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Dear Southwark Borough Council,

On 21st June 2011, the Council's Cabinet approved a report entitled "Improved terms for the sale of sites A and B at Canada Water."

The report refers to the contract for sale of the Council's land for the redevelopment of sites A and B at Canada Water.

Please provide me with the following information:

1. How much did the Council receive for the sale of its land at sites A and B?

2. The development agreement included an overage clause. How much overage did the Council receive in total from this deal with the developer.

3. The development agreement also required the developer to make a financial contribution towards the construction of the new library at Canada Water. How much was this contribution and how much did the library cost to build in total?

Here is a link to the Cabinet report for your convenience:
http://moderngov.southwark.gov.uk/docume...

I look forward to hearing from you.

Yours faithfully,

Jerry Flynn
www.35percent.org

accessinfo, Southwark Borough Council

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References

Visible links
1. http://www.southwark.gov.uk/info/200031/...

Planning, Southwark Borough Council

Southwark Council - Information request

Our reference: 678037

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Dear Mr Flynn,

Re: Your request for information: 678037

Thank you for your request for information that was received on 22 July
2016in which you requested:

On 21st June 2011, the Council's Cabinet approved a report entitled
"Improved terms for the sale of sites A and B at Canada Water."

The report refers to the contract for sale of the Council's land for the
redevelopment of sites A and B at Canada Water.

Please provide me with the following information:

1. How much did the Council receive for the sale of its land at sites A
and B?

2. The development agreement included an overage clause. How much overage
did the Council receive in total from this deal with the developer.

3. The development agreement also required the developer to make a
financial contribution towards the construction of the new library at
Canada Water. How much was this contribution and how much did the library
cost to build in total?

Here is a link to the Cabinet report for your convenience:
http://moderngov.southwark.gov.uk/docume...

Your request is being dealt with under the Environmental Information
Regulations 2004and you will receive a response within 20 working days of
the date that we received your request.

The Environmental Information Regulations 2004defines a number
of exceptionsthat may restrict the release of the requested information.
There will be an assessment and if any of the exceptionscategories apply
then the information may not be released. You will be informed if this is
the case, including your rights of appeal.

The information provided will be in English, normal font size. If you
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If we are unable to provide you with the information requested we will
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may appeal (if appropriate).

 

Further information is available through the Information Commissioner at
the:

Information Commissioner's Office
Wycliffe House
Water Lane
Wilmslow
Cheshire. SK9 5AF
Telephone: 0303 123 1113
Internet: [1]www.ico.org.uk

Yours sincerely,

 

Martyna Plewniak
System Information Project Officer
[email address]

References

Visible links
1. http://www.informationcommissioner.gov.uk/

Planning, Southwark Borough Council

Southwark Council - Information request

Our reference: 678037

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