Purpose

Vicarage Field is a key development opportunity on a prominent site. In Barking Town Centre.  Previous redevelopment proposals have not been able to be implemented due to an unsuccessful compulsory purchase order. The Cabinet will be presented with a report on a proposed new way forward, including agreement to sell the Council’s freehold interest in the site.

Decision

Cabinet resolved to:

(i)  Approve the way forward for Vicarage Field as set out in the report, including entering into an agreement for the sale of the Council’s freehold on the terms set out in Appendix 1 to the report;

(ii)  Delegate authority to the Strategic Director, Resources, in consultation with the Cabinet Member for Regeneration and Economic Development and the Head of Legal, to agree the final terms and enter into the agreement for sale and all other related documents; and

(iii)  Agree in principle the use of the Council’s powers to address third party rights under Section 203 of the Housing and Planning Act 2016, noting that a further report shall be submitted to Cabinet in the event of any new planning permission being secured.