Purpose of the report:

This report provides an update into the activities of Barton Oxford LLP (BOLLP) over the past quarter.

Recommendation:

That the Shareholder and Joint Venture Group resolves to note the contents of the report.

The SJVG considered the report of which provided an update into the activities of Barton Oxford LLP (BOLLP) over the past quarter.

Will McKay, Development Manager, introduced the report and answered questions from the Group. The SJVG asked for further information regarding the pupil vacancies at the school; they wished to understand whether this was due to the slow release of properties or whether it was due to the properties being purchased by fewer families with young children.

The Shareholder and Joint Venture Group resolved to note the contents of the report.

Purpose of report: to ask the Shareholder and Joint Venture Group to note the update of the activities of Barton Oxford LLP (BOLLP) over the past quarter.

The SJVG considered the update report and the confidential appendix.

They noted the options for section 3b of the site and agreed to decide by correspondence which option to pursue.

They enquired about the wind-down arrangement for the LLP ad it reached the end of the development project.

The Shareholder and Joint Venture Group resolved to note the update report.

Purpose of report: to provide an update into the activities of Barton Oxford LLP (BOLLP) over the past quarter.

Recommendation: to note the report.

This item was considered in private session.

Purpose: to provide an update into the activities of Barton Oxford LLP over the past quarter.

Recommendation: to note the report.

This item was considered in private session.

Present for this part of the meeting

Oxford City Council Company Director

·         Jane Winfield

This item was considered in private session.

Report of the Regeneration and Major Projects Service Manager

Purpose of report:

This report provides an update into the activities of Barton Oxford LLP over the past quarter.

Recommendation: to note the report.

Discussion of this report was subsumed within the discussion of the following report.

The Regeneration and Major Projects Service Manager has submitted an update on the activities of Barton Oxford LLP.

Recommendation: that the Shareholder and Joint Venture Group discusses and notes the report and the private appendix.

Jane Winfield, Regeneration and Major Projects Service Manager gave an update into the activities of Barton Oxford LLP over the past two quarters.

The pandemic meant that all building sites had been closed in March. Some contractors were now back on site observing Government guidance on safe working practices. It was too early to make any assumptions about the impact the COVID-19 pandemic would have on the Oxford housing market. As well as a potential fall in sales values there may also be changes to tenure demand. Historically, however, Oxford has proved to be resilient to falls in value due to high levels of latent demand.  

The bus link from the A40 into Northway was open and the free bus service has started operating between the site and the John Radcliffe. This was an interim service which the County Council could extend by 3 months if the road connection has not been completed by September.

The Regeneration and Major Projects Service Manager undertook to circulate further information regarding the County Council’s plans for the bus service.

The Shareholder and Joint Venture Group resolved to:

1.     note the contents of the report and the confidential appendix.

The Regeneration and Major Projects Service Manager has submitted a report to provide an update into the activities of Barton Oxford LLP over the quarter to 31 March 2020.

Recommendation: That the Shareholder and Joint Venture Group notes the contents of the report.