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Homes look set for beauty spot; PLANNING: Developers give six-figure sum to secure upkeep of pool.

Byline: By Steve Evans

DEVELOPERS planning to build homes around a Bedworth beauty spot will give a substantial one-off payment to a management company to cover the maintenance of the site.

The permanent upkeep of the reed-fringed Black Bank Pool, off Coventry Road, has been a stumbling block during a nine-year bid to build homes on the site.

Developers Barratt Mercia have been given planning permission to put 11 houses and 29 apartments on the land - subject to a legal agreement securing the long-term ownership and maintenance of Black Bank Pool.

Members of Nuneaton and Bedworth Borough Council's planning applications committee wanted the developers to transfer the pool to a non-profit-making company.

But a report to next Wednesday's meeting of the committee says: "It has not been possible for the developers to secure the transfer of the land to a non-profit-making company, as stated in the legal agreement.

"They have, however, been able to negotiate with a profit-making management company.

"This will be subject to a one-off payment to the company to cover the maintenance of the site in perpetuity."

The exact total of the one-off payment is not being revealed, but it is understood to be in the region of a six-figure sum.

Borough councillors will be asked next week to agree to the new legal documentation being drawn up by the developers guaranteeing the permanent upkeep of the pool.

CAPTION(S):

LEGAL DEAL... Houses could now be built at Black Bank Pool in Bedworth after developers secured a deal involving a one-off payment to cover the cost of the permanent upkeep of the pool.
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Publication:Coventry Evening Telegraph (England)
Date:Mar 29, 2008
Words:266
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