Capital & Counties Properties Plc - collateral agreement (2)

Meeting: 
MQT on 2016-03-16
Session date: 
March 16, 2016
Reference: 
2016/1011
Question By: 
Darren Johnson
Organisation: 
City Hall Greens
Asked Of: 
The Mayor

Question

Should developers be allowed to curtail elected councils from representing the best interests of their electorate through the type of collateral agreement the Mayor's joint venture partner Capco has agreed with Hammersmith and Fulham?

Answer

Answer for Capital & Counties Properties Plc - collateral agreement (2)

Answer for Capital & Counties Properties Plc - collateral agreement (2)

Answered By: 
The Mayor

Capco's collateral agreement is with Hammersmith & Fulham Council and does not relate to the area and relates to the West Kensington and Gibbs Green estates. This falls outside of the land where TfL has an interest.  This is therefore a matter for the Capco and the local authority.