Silwood estate regeneration - site 4B overage payment

Southwark Borough Council did not have the information requested.

Dear Southwark Council,

On 14 September 2011, Southwark Council signed an agreement to sell site 4B of the Silwood estate in Rotherhithe to Notting Hill Housing Trust and its development partner Higgins Homes Plc.

The agreement contained an 'overage' agreement meaning that Southwark would receive a share of any overage profit once the new development was completed.

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

Yours faithfully,

Jerry Flynn
35% Campaign
www.35percent.org

accessinfo, Southwark Borough Council

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Planning, Southwark Borough Council

Southwark Council - Information request

Our reference: 612782

show quoted sections

CEXaccessinfo, Southwark Borough Council

Link: [1]File-List

Dear Mr Flynn,

 

Re: Your request for information: 612782

Thank you for your request for information that was received on 10 March
2016 in which you requested:

On 14 September 2011, Southwark Council signed an agreement to sell
site 4B of the Silwood estate in Rotherhithe to Notting Hill
Housing Trust and its development partner Higgins Homes Plc.

The agreement contained an 'overage' agreement meaning that
Southwark would receive a share of any overage profit once the new
development was completed.

 

Your request was being dealt with under Environmental Information
Regulation (EIR) 2004.

In response to your request, I am able to confirm that 546,047.70 was
received in September 2014, but a further overage payment is currently
being negotiated.

 

If you are unhappy with the service you have received in relation to your
request and wish to make an appeal for a review of our decision, you
should write to the Corporate Freedom of Information Manager at:

Corporate Freedom of Information Officer

The Governance Team (2^nd floor)

PO Box 64529
London

SE1P 5LX
Email: [2][Southwark Borough Council request email]

If you are not content with the outcome of your appeal, you may apply
directly to the Information Commissioner for a decision. Generally, the
Information Commissioner cannot make a decision unless you have first
exhausted our internal appeal procedure and you should contact him within
2 months of the outcome of your internal appeal.

Further information on the Freedom of Information Act 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: [3]www.ico.org.uk

 

Yours sincerely,

 

Martyna Plewniak

System Information Project Officer

 

 

 

 

 

 

 

The email you received and any files transmitted with it are confidential,
may be covered by legal and/or professional privilege and are intended
solely for the use of the individual or entity to whom they are addressed.
If you have received this in error please notify us immediately. If you
are not the intended recipient of the email or the person responsible for
delivering it to them you may not copy it, forward it or otherwise use it
for any purpose or disclose its contents to any other person. To do so may
be unlawful. Where opinions are expressed in the email they are not
necessarily those of Southwark Council and Southwark Council is not
responsible for any changes made to the message after it has been sent.

References

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1. file:///tmp/cid:filelist.xml@01D194D7.FEBA8090
2. mailto:[email address]
3. http://www.ico.gov.uk/

Dear Ms Plewniak,

Please could you tell me the outcome of the 'negotiation's on a 'further overage payment'.

I.e. have the further negotiations resulted in a further overage payment to the Council and how much is this payment?

Yours sincerely,

Jerry Flynn
35% Campaign
www.35percent.org

Chief Executive Office, Southwark Borough Council

Southwark Council - Information request

Our reference: 667871

show quoted sections

Chief Executive Office, Southwark Borough Council

Southwark Council - Information request

Our reference: 667871

--------------------------------------------------------------------------

Dear Mr Flynn,

Re: Your request for information: 667871

Thank you for your request for information that was received on 21 June
2016 in which you requested:

Please could you tell me the outcome of the 'negotiation's on a 'further
overage payment'.

I.e. have the further negotiations resulted in a further overage payment
to the Council and how much is this payment?

Your request has been dealt with under Environmental Information
Regulations (EIR) 2004.

In response to your request, we are able to provide the following
information:

The overage payment of £564,047.70 was agreed between the parties.
However, please note that negotiations for a further payment are still on-
going.

If you are unhappy with the service you have received in relation to your
request and wish to make an appeal for a review of our decision, you
should write to the Corporate Freedom of Information Manager at:

Corporate Freedom of Information Officer

The Governance Team (2^nd floor)

PO Box 64529
London

SE1P 5LX
Email: [1][Southwark Borough Council request email]

 

If you are not content with the outcome of your appeal, you may apply
directly to the Information Commissioner for a decision. Generally, the
Information Commissioner cannot make a decision unless you have first
exhausted our internal appeal procedure and you should contact him within
2 months of the outcome of your internal appeal. 

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: [2]www.ico.org.uk

Yours sincerely,

 

Martyna Plewniak
System Information Project Officer
[email address]

 
 

References

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1. mailto:[email address]
2. http://www.informationcommissioner.gov.uk/

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