Decision details

Waterloo Roundabout Feasibility Study

Decision Maker: Strategic Director: Sustainable Growth and Opportunity

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Purpose:

This report seeks endorsement for £250,000 funding from a combination of the Council’s capital feasibility pot funding and capital funding to jointly commission (with Transport for London) professional services to develop a Feasibility Study exploring the development potential of the Lambeth Council and Transport for London (TfL) freehold land on and around Waterloo roundabout.

Decision:

1.    That £250,000 of a combination of capital feasibility funding and capital funding is allocated to the Waterloo roundabout Site Feasibility Study.

 

2.    That a Memorandum of Understanding and associated Cost Collaboration agreement is entered into with TfL.

 

3.    That a tripartite Confidentiality Agreement is agreed with TfL and the British Film Institute (BFI) regarding the proposed feasibility study.

 

Publication date: 03/06/2019

Date of decision: 11/06/2019

Accompanying Documents: