§ Mr. DowdTo ask the Secretary of State for the Environment if he will make a statement on the future of the north, south and island blocks of County hall; how much they are valued at; and if he will make a statement on potential buyers.
Mr. SquireThe disposal of these properties is a matter for the London residuary body, which is at present actively marketing the land and buildings concerned.
§ Mr. DowdTo ask the Secretary of State for the Environment when the London residuary body will receive the proceeds of the sale of the main building of London's County hall; how much they are expected to be; and how they will be distributed.
§ Mr. RedwoodThe timing and the amount of the receipt of the proceeds of the sale of the riverside building of County hall are matters of commercial confidentiality between the London residuary body and the purchasers. It is, however, expected that the ensuing capital receipt will be distributed to the London boroughs by 31 December this year. The method of distribution will be the subject of consultation between the Department and the London boroughs.
§ Mr. DowdTo ask the Secretary of State for the Environment when he expects the disposal of all the buildings in the County hall complex to be completed.
§ Mr. BaldryThe disposal of the County hall site and buildings is a matter for the London residuary body, which is under a duty to sell the land and buildings concerned for the best obtainable price.