Decision details

Release of Restrictive Covenants - Epping Forest College

Decision Maker: Cabinet

Decision status: Recommendations approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Modification of Epping Forest College title covenants.

Decision:

(1)        That a Deed of Release of the 1952 and 1955 Covenants be issued by the Council, consistent with the previous Deeds of Release on the land at Epping Forest College, on the  following basis:

 

            (a)        A Deed of Release of the 1952 and 1955 Covenants consistent with the previous deeds of release is executed by the Council and is held in escrow pending written         confirmation from the College’s Solicitors to the Council that:

 

            (i)         the College’s application for [outline] planning permission for the      development of its new Sports, Health and Well-Being facility for the benefit of the College’s students and the wider community has been submitted to the           Council; and

 

            (ii)        Contracts for the College’s sale of the Middle Site and part of the Playing Fields for residential development, conditional upon execution of such Deed of Release of the 1952 and 1955 Covenants, have been signed and are held in escrow pending execution and delivery of the said Deed of Release; and

 

(2)        That the pre-emption rights of the Council not be exercised on the land.

Report author: Derek Macnab

Publication date: 12/11/2015

Date of decision: 05/11/2015

Decided at meeting: 05/11/2015 - Cabinet

Effective from: 20/11/2015

Accompanying Documents: