Examination of Witnesses (Questions 6520
- 6539)
6520. CHAIRMAN: Let us see what happens.
6521. MR MOULD: Mr Walker will now just
tell me whether there is anything to report in relation to others.
Then, insofar as the other Petitioners are concerned, your Lordships,
I think, are aware that the Coal Pensions will not now be appearing
tomorrow; I think we have reached an agreed position with them.
Blaxmill, that is a landowner who own development land to the
east of the Isle of Dogs and we are in discussions with them as
we speak; there is a meeting going on between ourselves and Blaxmill
at the moment. How that may result, I do not know, but their concerns
are, I think, essentially to do with noise mitigation in relation
to the tunnels, a topic which Mr Thornely-Taylor has told you
about already in relation to their development site. I think also
they have had it in mind to raise a point about the costs of proceedings
in this House which, if they do raise it
6522. CHAIRMAN: Well, does not everybody?
6523. MR MOULD: Indeed so, my Lord, and
I very much share that thought, but I may need to say something
about that if it is raised tomorrow. Then, finally, Souzel, they
are the leasehold owners of a substantial block of offices in
the City of London adjacent to Moorgate Station, and it is necessary,
for the purposes of the project, to acquire a part of their offices
during the construction process. We have indicated to them that
we would accept that we must take the whole of their premises
under the terms of an arrangement that we have put forward to
them as regards material detriment. I think that they have asked
for an hour tomorrow just to broach some questions over the timing
of acquisition and the arrangements that they would wish to argue
for in relation to the recovery of lost rent. I think their current
underlessees' lease falls in June of this year and they are concerned
about the situation with regard to their premises then being made
void thereafter until their land is actually acquired for the
purposes of the scheme. Your Lordship will have the point, I am
sure.
6524. CHAIRMAN: We are very happy to
hear this. It is, however, an illustration of what we were talking
about earlier. They have got a planning permission for a 14-storey
building which I imagine would be a pretty valuable asset.
6525. MR MOULD: This is Souzel or Blaxmill?
6526. CHAIRMAN: This is Souzel.
6527. MR MOULD: Yes, absolutely.
6528. CHAIRMAN: Supposing that we were
minded to give effect to what the Canary Wharf Group were saying
this morning, they are the sort of people who might want to have
similar provisions. I think you have got an alternative solution,
but they are the sort of people who might.
6529. MR MOULD: They may have that thought
in mind, yes.
6530. CHAIRMAN: They would not at the
moment because it is not really available.
6531. MR MOULD: But it is an illustration
of some of the difficulties that would result from the approach
which has been argued before your Lordships today certainly.
6532. CHAIRMAN: As I understand it, you
are proposing to buy the site anyway.
6533. MR MOULD: We are, yes.
6534. CHAIRMAN: So that would put paid
to that.
6535. MR MOULD: Yes, that is right.
6536. CHAIRMAN: Well, of course they
can come and we will listen to them for as long as needs be.
6537. MR MOULD: So that is a short survey
of tomorrow's business.
6538. CHAIRMAN: Have Greater London Offices
settled?
6539. MR MOULD: Yes.
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