Council is NOT using taxpayers money..ALL expenses incurred are being paid for by River Oak
RiverOak from the start have stated :
“To be clear, what is proposed involves a transfer of ALL the risk surrounding the CPO from Thanet District Council to RiverOak. If the CPO fails for some unforeseen reason we will have to meet all the legal costs. Similarly if the eventual price of the land is higher than expected, we will have to pay it.
"We are not asking for any public funds to support this process; not from Thanet, not from KCC and not from the British Government.”
It is particularly noteworthy that as well as picking up the tab for all the CPO costs, RiverOak Heads of Agreement states that they will pick up the tab for all TDC legal costs for preparing the CPO.