Decision details

Brent Cross Cricklewood Scheme – Variations to the Brent Cross North Property Development Agreement and Associated Legal Documentation

Decision Maker: Deputy Chief Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Decision:

 

 

1.    That the Deputy Chief Executive after having consulted with Chairman of the Assets and Regeneration Committee confirms the decision to proceed to finalise and agree the detail of the consequential changes required to the Brent Cross Property Development Agreement and Co-operation Agreement, CPO indemnity agreement and Grant Agreement and associated commercial documentation.

 

 

2.    To authorise that the Council following agreement and finalisation of the changes referred to at 1 above now enters into and completes the variations to the Brent Cross Property Development Agreement and Co-operation Agreement, CPO indemnity agreement and Grant Agreement and associated commercial documentation. The full list of required documentation is set out below:

·         Decoupling contract relating to Claremont Park

·         Variation of the property development agreement

·         Variation of the co-operation agreement

·         Variation of the CPO indemnity agreement

·         Variation of the grant agreement

·         Deed of release of the existing restrictive covenant

·         New deed of restrictive covenant

·         Deed of release of the retail park option and pre-emption

 

 

 

Publication date: 03/03/2020

Date of decision: 02/05/2019

Accompanying Documents: