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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.


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
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