Paul D Warner, Solicitor Public Sector Residential Land Disposal and Development Event 23 rd June...
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Transcript of Paul D Warner, Solicitor Public Sector Residential Land Disposal and Development Event 23 rd June...
![Page 1: Paul D Warner, Solicitor Public Sector Residential Land Disposal and Development Event 23 rd June 2009.](https://reader034.fdocuments.net/reader034/viewer/2022042718/56649ee65503460f94bf7193/html5/thumbnails/1.jpg)
Paul D Warner, Solicitor
Public Sector Residential Land Disposal and Development Public Sector Residential Land Disposal and Development EventEvent2323rdrd June 2009 June 2009
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Legal constraints
Imposing development conditions
Site assembly and Compulsory Purchase
Deferred payment of price
Joint ventures
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Procurement rules ◦ Auroux v. Commune de Roanne (ECJ 18 January
2007)◦ Economic or technical function◦ Specific objectives of the authority
Price: statutory requirements◦ Section 74 of the Local Government (Scotland)
Act 1973 – best consideration◦ Planning land – absolute duty◦ Best value amendment – not in force
Common good land
![Page 4: Paul D Warner, Solicitor Public Sector Residential Land Disposal and Development Event 23 rd June 2009.](https://reader034.fdocuments.net/reader034/viewer/2022042718/56649ee65503460f94bf7193/html5/thumbnails/4.jpg)
Avoid land banking
Influences method of disposal
Licence for development Disposition with title conditions – economic
development burdens
Long lease with option to purchase
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Using CPOs to assist developer’s site assembly
Back-to-back agreements
Who bears the cost of compulsory
purchase?
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Instalment payments - fixed dates or on
occurrence of event – negotiated prices
Clawback – occurrence of event – uplift for
higher densities
Overage – useful in rising market
Security for future liability – ranking
considerations
Need to secure best consideration
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Reason for new business entity
Sharing of equity and risk
Formality of JV constitution
Whether authority’s land to be transferred to JV
– best consideration
Wholly owned subsidiaries – separate entity for
best consideration purposes
Procurement of JV partner