Object

Hockley Area Action Plan Submission Document

Representation ID: 28393

Received: 27/12/2012

Respondent: Hockley Residents Association

Legally compliant? No

Sound? No

Duty to co-operate? Not specified

Representation Summary:

The Submission Copy says that the Viability (Financial) Assessment "takes in to account the potential cost of land assembly".
However, it actually says "It is important to highlight that although the viability analysis undertaken as part of the process produces a positive land value this does not take in to account the cost of acquiring third party land and buildings to facilitate development".
The Submission Copy is therefore inaccurate and misleading.

Full text:

The Submission Copy says that the Viability (Financial) Assessment "takes in to account the potential cost of land assembly".
However, it actually says "It is important to highlight that although the viability analysis undertaken as part of the process produces a positive land value this does not take in to account the cost of acquiring third party land and buildings to facilitate development".
The Submission Copy is therefore inaccurate and misleading.