Overage Agreement agreed by Saputo & TCDS

By |2022-05-05T11:22:04+01:00December 23rd, 2019|Timeline|

The Overage Agreement is agreed by both Saputo (Dairy) UK and Totnes Community Development Society on 23 December 2019. Their solicitor writes “we have taken instruction from our client and your proposal is agreed in principle”. The draft overage agreement is issued, and the agreed purchase price is £460,000. The overage agreement will be in place for 20 years and will apply to the retirement housing element of the scheme.

An update from Totnes Community Development Society

By |2021-05-16T06:49:06+01:00December 5th, 2019|News|

An Atmos Totnes news update: The reptile relocation from Atmos Totnes has completed, extended across the summer due to several hot spells. The numbers collected, and moved to safety, prior to work starting on site: Slow-worm: 155, Common Lizard: 6, Barred Grass Snake: 6. We know many volunteers are keen to work with our ecologists on the next phase of work, so apologies we were not able to make this happen over the summer and we look [...]

Capital funding of £2.5m approved by National Heritage Lottery fund

By |2022-05-05T11:21:18+01:00December 1st, 2019|Timeline|

Capital funding of £2,576,400 is approved by the National Heritage Lottery Fund for the refurbishment and development of the Brunel Building in December 2019 but notification of the award is not made public due to standard Lottery terms and conditions until the early part of 2020.  

TCDS unhappy with initial version of overage agreement

By |2022-05-05T11:27:28+01:00November 1st, 2019|Timeline|

Tom Atherton at Saputo advises that he is prepared to accept £460,000 from TCDS with an overage clause relating to any additional value created by the older persons housing. TCDS are unhappy with the initial version of the overage agreement as proposed by Saputo, and so discussions begin between legal teams to create a version everyone is happy with.

TCDS push through exchange

By |2022-05-05T13:04:45+01:00November 1st, 2019|Timeline|

TCDS propose that the exchange takes place as soon as practically possible. The preparation of a permitting schedule within the wider strategy to mitigate the flood risk and risk of contamination from surface water during demolition and construction is completed and agreed with the Environment Agency.  

Patrick Gilles asks to visit site

By |2022-05-05T11:33:49+01:00October 14th, 2019|Timeline|

On October 14th, Patrick Gillies asks to visit the site, saying he has been asked by Saputo to give them his opinion on the site. Tom Atherton confirms this is the case via a phone call with Dave Chapman. He says he already has the JLL valuation, and on October 16th is emailed the gate codes and a Health and Safety pack.

Meet with Totnes Community Development Society

By |2021-05-16T06:49:06+01:00June 13th, 2019|News|

Alongside its wider activities, over the past few years the Totnes Community Development Society has been developing detailed plans for redevelopment and refurbishment of a range of buildings, including the Mansion in the centre of Totnes and the Brunel Building as part of the Atmos Totnes site next to the railway. If you would like to talk to staff and Directors of Totnes Community Development Society about the work it does, and see the plans [...]

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