Affinity Water Limited – Compensation Claim

December 16, 2024 Corporate Director Planning, Growth and Sustainability (Officer) Approved View on council website

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Summary

...to approve a settlement agreement with Affinity Water Limited regarding compensation for an easement acquired under the Water Industry Act 1991 for works at Bury Farm and Lower Bottom Farm, Amersham, based on the recommendation of the Council's valuers.

Full council record
Content

Exemption from publication:
There are confidential appendices to this report, which are exempt
by virtue of paragraph 3
of Schedule 12A of Part 1 of Schedule 12a of the Local Government
Act 1972 because they
contain information relating to the financial or business affairs
of any particular person
(including the authority holding that information)

To approve the settlement agreement with Affinity Water Limited in
relation to the grant of
an easement acquired under compulsory powers enshrined in the Water
Industry Act 1991
for their works at Bury Farm, Amersham and Lower Bottom Farm,
Amersham. Carter Jonas,
as valuers for the Council, recommend the settlement sum as the
required compensation. A
schedule of agreed claim items and fees apportionment is attached
in the Confidential
Appendix. It has been agreed that Affinity Water will pay
Buckinghamshire Council a
settlement inclusive of the agreed fees payable to the
Council’s land agents. Carter Jonas
recommend the settlement as being in full settlement of the claim
available to the Council.

Reasons for the decision

The Council is entitled to compensation
equating to the value of the rights acquired by Affinity
Water.

Alternative options considered

There are no other options available to the
Council due to the statutory power acquired by
Affinity Water under the Water Industry Act 1991.

Details

OutcomeRecommendations Approved
Decision date16 Dec 2024