Showing posts with label binding agreement. Show all posts
Showing posts with label binding agreement. Show all posts

Monday 10 March 2014

All Souls College ordered to disclose Kensal Rise 'binding agreement'

Guest blog by Meg Howarth

Protest outside All Souls College, Oxford
All Souls College, Oxford, has been ordered by the Information Commissioner to provide a copy of its Option Agreement - also known as the ‘binding agreement’ - for the sale of historic Kensal Rise Library (KRL) to developer Andrew Gillick. Only the date of completion, price and names/personal details of those involved in the transaction can be withheld.

The Commissioner made his decision on 4 March, in response to a Freedom of Information request by a supporter of the campaign to save the Mark Twain library from conversion to yet more unaffordable housing. The college authorities have 35 days in which to comply with the request. Failure to do so could result in the Commissioner writing to the High Court where lack of compliance may be treated as contempt of court. 

The grounds for the decision are that ‘The Commissioner considers that there is a legitimate public interest in disclosure of information surrounding the transaction, to which there is significant opposition, to promote openness, accountability and increase public understanding’.

Wealthy All Souls was until recently the owner of the site following the closure of the historic library by Brent Council in 2012. Its sale to Andrew Gillick was conditional on vacant possession. This was achieved when the college sent in its heavies to remove the pop-up library - built partly on the site, part on the public highway - at 6am on 31 February this year. Completion of sale occurred on or soon after that date. 

All Souls’ cowardly dawn-raid echoed Brent’s own barbarism of 29 May 2012 when council contractors entered the library building at 3am, stripping it of its books and Mark Twain commemorative plaque. The aim in both instances was the same - to pre-empt local opposition to the respective actions. The anti-democratic leading the greedy... 

Indeed, the college’s principal argument against disclosure of the Option Agreement was that public knowledge of the date(s) for vacant possession and completion-of-sale - together with the price - ‘would result in increased protest and activism to try to prevent completions’. It argued that should the sale of the property not be completed - for whatever reason - disclosure ‘would also make it more difficult for the college to find an alternative purchaser for the property’. It justified its line of reasoning as follows:
‘the college relies on its income from its property assets to conduct its research activities...prejudicing the college’s ability to generate such income from the sale of property would make it less able to conduct research of a similar standard and scale [something] which would not be in the public interest’. 
Proof, if any is needed, that irony is not yet dead, is the title of such a piece of research by one of All Souls’ senior fellows. It was listed on the college’s website in July 2012 as nearing completion and was published by the university later that year - Restatement of the English Law of Unjust Enrichment

You couldn’t make it up. Not only did All Souls pay nothing towards the building of the library - that was financed from a mixture of public taxation and a handsome donation by Andrew Carnegie. But the land on which KRL was built was more likely an act of tax-avoidance, aimed to bypass the land tax in operation at the time, rather than the philanthropic act its donation to the-then borough of Willesden, now Brent, is reputed to have been. Folklore over realpolitik...?

The real philanthropy would, of course, have been for the college elders to have returned KRL to the borough of Brent. Too late for that now. Andrew Gillick is the new owner. His original change-of-use scheme was unanimously rejected by Brent’s planning committee last September. It is currently enmeshed in a Kensington and Chelsea police-led inquiry into fraudulent online support - the headquarters of Mr Gillick’s property firms Platinum Revolver and Kensal Properties is sited in the royal borough (see Wembley Matters, 27 February 2014). The developer is intending to submit a revised change-of-use planning application for the site. 

Footnote: While disclosure of the Option Agreement for the sale of Kensal Rise Library is awaited, it’s worth remembering that the only third party to date to have seen the document is Brent’s legal counsel. He was forbidden to make a copy. Whether he shared the significant information it contained with council officers and/or elected members is unknown but a waiting-game certainly seems to have been played regarding the securing of vacant possession by 31 January.

Democracy, eh - and elections are coming... 


Wednesday 5 February 2014

All Souls shouldn't complete Kensal Rise sale before investigation complete

Guest Post from Meg Howarth


A crucial question now is whether All Souls College (ASC) will proceed to complete its ‘binding agreement to sell’ the historic Kensal Rise Library (KRL) site to Andrew Gillick’s Kensal Properties Ltd (Platinum Revolver in another guise?). Completion of sale was conditional on vacant possession, so once ASC was told the police investigation was off, it appears to have wasted no time in sending in its heavies to demolish the pop-up - thus securing the necessary vacant possession and enabling the sale contract with Mr Gillick to be completed. 

The embarrassment to ASC that will be caused by any re-opening of the fraudulent email inquiry is incalculable, particularly if completion has taken place over the last two days. Already on the defensive because of the adverse publicity surrounding events last Friday, ASC has tried to blame the council for its barbarity, citing a seven-months-old enforcement letter 27 June 2013 to justify its action. LINK

And here’s the text of an even-earlier letter - May 2012 - this time from ASC’s bursar to a horrified newspaper reader who’d contacted the college on hearing of Brent’s own now-notorious dawn raid on the KRL site:
Yes, the College became aware of what happened yesterday and we find it distressing.  We had told the Council that we would have been happy for them to have kept the Library open, possibly through cooperation with the Friends of Kensal Rise Library, who had developed an interesting business plan.
This was not to be however.
The law by which we originally donated the land dictates that the site now reverts to the College’s freehold.  This is not something we ever wanted to see happen, but because it is the law, is something we cannot change either’.
Does this once-prestigious institution, noted for its famous Codrington library, really want to go down in history as the wealthiest of Oxford’s colleges that couldn’t wait to gain vacant possession in a civilised fashion before sealing a deal with its chosen developer who’s not yet been cleared of involvement in the fraudulent email affair? 

‘Fools rush in where angels fear to tread’ inevitably springs to mind.