Quote:Ownership of the One Tower Bridge site is split between Berkeley Homes and the Council. The legal agreement currently binds Berkeley's half of the site. At the time that the legal agreement was entered into, it was envisaged that the cuncil's [sic] half would be transferred to Berkeley, at which point Berkeley would enter into a supplemental deed to ensure that the Section 106 agreement bound all of its interest in the site (i.e. both halves of the site).
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Berkeley Homes advise that the cuncil's [sic] interest in the site has never been transferred to them and so the One Tower Bridge development continues to be administered by the joint venture between the Berkeley's and the cuncil [sic]. It is understood that this arrangement will continue and that there are no foreseeable plans for the council's interest to be transferred to Berkeley.
jimfearnley wrote:Apologies, James, on re-reading your previous post, I now understand that the Corporation's ceding of the land to Southwark for the purposes of building council homes 'awards' LBS the formal status of having commissioned these further 43 properties, albeit this was an unanticipated benefit to the Council, inasmuch as they gained land which they would not otherwise have had on which to build homes, thanks to the Corporation's decision.
Karen I wrote:That's a bit nasty Davies.
Zoe wrote:Just in response to Davies, council housing is self funding, no taxes are being used, so your taxes are not paying for this housing. The housing revenue account for councils is a stand alone fund and legally can't be charged to council tax.
Some people actually argue that it is housing residents who are paying to subsidise council tax payers, as they pay council tax and if they live on an estate, pay again for lighting, cleaning and their bins to be emptied, which is covered in the council tax for those who live in streets.
This is a lot of fuss about 43 residents, just let them have access to the garden.
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