Issue details

Issue details

Acquisition of remaining 174 units at Barton Park Phases 2&4 by OCC, directly from the developer.

For the Deputy Chief Executive – Place, in consultation with the Deputy Chief Executive – City and Citizen Services; the Cabinet Member for Housing and Communities; the Cabinet Member for Finance and Asset Management; the Cabinet Member for Citizen Focused Services and Council Companies; the Group Finance Director (Section 151 Officer) and the Director of Law, Governance and Strategy (Monitoring Officer) to enter into a contract with Barton (Oxford) LLP to acquire the remaining 174 units at Barton Park directly from the relevant phase developers for Phases 2 and 4 (“the developer”) at Barton Park as required under the overarching development agreement with Barton (Oxford) LLP. The acquisition of the units is to be delivered in up to 32 tranches over a 2-year construction programme. Details for the properties included in the development are listed below:

Barton Fields Road (plots 145-149, 315-320, 324-335, 368-371)
Barton Fields Road flat block G (plots 268-280)
Barton Fields Road flat block J (plots 341-351)
Bracken Close (plots 182-183)
Buttercup Walk (plots 235-242)
Dandelion Drive (187, 202-205)
Dandelion Drive flat block F (plots 206-221)
Doves Foot Way (plots 154-157)
Mayweed Lane (plots 358-360, 366-367)
Montford Way (plots 102-107, 115-119)
Nettle Crescent (plots 386-390, 420-422, 430-436)
Poplar Place (plots 188-199)
Ryegrass Gardens (plots 372-383)
Sedge Close (plots 424-425)
Thistle Grove (plot 153)
Willowherb Drive flat block B (plots 71-80)
Willowherb Drive flat block C (plots 81-90)
Willowherb Drive flat block E (plots 128-137)

The cost of the acquisitions are restricted as per section 12A of the Local Government Act 1972.

Decision type: Key

Reason Key: Acquiring or disposing of freeholds with a consideration over £500,000 in the context of the medium term financial strategy except for disposals pursuant to right to buy legislation;

Decision status: For Determination

Wards affected: Barton & Sandhills;

Notice of proposed decision first published: 31/03/2025

Anticipated restriction: Fully exempt  - View reasons

Department: Regeneration, Economy & Sustainability

Reason date could change: Confirmed for this meeting

Is the date subject to change: No