Summary of Decision
The Cabinet Member has approved the Lease Restructure at Arches 36-48 and land at Gemini Project Sites 1&2 Landmann Way, London, SE8 5JW on the terms in the exempt Appendix A and approves the entering into any legal documents ancillary to or required to facilitate the lease restructure.
Reasons for Decision
The current lease of the Landmann Way depot does not offer sufficient security of tenure or cover a large enough area to enable the council to develop the site as a charging depot for the new electric waste collection vehicle fleet. The lease restructure will secure the site for 20 years from 30 November 2022 and allow the works to proceed without risk.