Issue - meetings

That the deletion of certain of the restrictive covenants placed upon the Transfer and Deed of Nomination Rights by the Council in the sale of Nos. 67 – 89 & 101 – 113 Gladstone Road, and 12 – 26 Priory Street, Ware to Riversmead Housing Association in 1999, be approved.

The Executive Member for Health and Wellbeing submitted a report seeking approval to remove restrictive covenants placed upon the title deeds by the Council on nos. 67 – 89 & 101 – 113 Gladstone Road, and 12 – 26 Priory Street, Ware when they were transferred to Riversmead Housing Association Limited in 1999. 

Gladstone Road had been decanted by Riversmead as they wished to redevelop the site and intended to submit a scheme seeking planning permission.  The removal of the restrictive covenants would allow Riversmead the opportunity to produce a mixed tenure scheme which was fit for purpose for East Herts residents.

The Executive approved the proposal as now detailed.

RESOLVED - that the deletion of certain of the restrictive covenants placed upon the Transfer and Deed of Nomination Rights by the Council in the sale of Nos. 67 – 89 & 101 – 113 Gladstone Road, and 12 – 26 Priory Street, Ware to Riversmead Housing Association in 1999, be approved.