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RESOLVED:
 
1. 
To
authorise the transfer of freehold titles LN169992, LN173983,
LN173984 at the School as set out in paragraph 4
below.

 
2. 
3To
authorise the Group Director of Finance and the Director of
Strategic Property Services to determine the most cost effective
options in terms of transferring the land in ways that represent
best value on the part of the Council.

 
3. 
To
authorise the Acting Director of Legal, Democratic & Electoral
Services to negotiate, sign, settle and complete the contracts
envisaged to complete the transactions set out in this report, and
all other relevant and ancillary legal documents arising thereto on
behalf of the Council.

 
REASONS FOR DECISION
 
Under the Act the Council is required to transfer land
(other than playing fields) which is held or used by the Local
Authority for the purposes of the school to LDBS . The land is to
be transferred for nil or nominal consideration and to be held by
the LDBS  for the purposes of the
school. 
 
The Council in accordance with the Act will be responsible
for the for the legal costs of The London Diocesan Board for
Schools in respect of each transfer.
 
DETAILS OF ALTERNATIVE OPTIONS CONSIDERED AND
REJECTED
 
LDBS are entitled under the Act to the transfer to them of
land forming part of a school site and the Diocesan Board has
requested the Council to carry out these transfers.