Issue details

On 27 November 2017, the Committee delegated authority to the Deputy Chief Executive, in consultation with the Chairman of the Assets Regeneration and Growth Committee, to exercise the Council’s call options under the PDA and Co-Operation Agreement with the BXN Partners to acquire the sites to facilitate the BXS and Thameslink Station projects.

This report confirms the decision delegated to the Deputy Chief Executive as referred to above to exercise those call options to facilitate the Thameslink and Brent Cross South developments in line with the integrated development programme. 

The Deputy Chief Executive, in consultation with the Chairman of the Assets Regeneration and Growth Committee, confirms that the Council exercise the land call options in accordance with the Co-operation Agreement dated 3 March 2015 and the Share Purchase Agreement dated 3 March 2015 with the BXN Development Partners.