This report sets out the decision to vary the existing Development Agreement at Green Park to facilitate the transfer of land and construction of Reading Green Park Railway Station and to serve notice on the landowner to transfer the station land (The Station Land) to the Council in accordance with the Development Agreement.

It is the decision of the Director of Economic Growth and Neighbourhood Services in consultation with the Lead Councillor for Strategic Environment, Planning & Transport that the Development Agreement be varied in accordance with the detail contained within this report and that the deed of variation is entered into, and the transfer of Station Land completed.