If the council had got their act together to redevelop the pools, rather than waste years, they would have realised millions of pounds more of capital receipts according to their own report.
Similarily, forcing through an option (3) to sell off cheaply most of the public and civic heart of Forest Hill during the worst financial crisis of the last sixty years would seem like a reckless, imprudent and short sighted sacrifice of a valuable asset.
Why have they included the top of the market figure in their report when it is unrealisable? The lower figure of 3.4 million pounds is the only relevant figure and this should probably be lowered if Louise House supposedly cannot be sold for residential development because the receipts would be too low (according to the council).
Therefore, they propose to sell off the entire site for about 25% of the build cost of the pool; why not review this figure given the collapse of the construction industry? Why not build what you can afford (9.5 million pounds, supposedly) rather than set some arbitrary figure in order to reject an option out of hand?
Why is the Willow Way site valued as worthless "for the purposes of this report"? Even as an employment use it must have value. Why not plan lots of live/work units to get around the employment requirement; you would then be able to tick your employment and housing provsion bxes and generate capital receipts and ongoing revenue from rates. If its value is really zero, I'll buy it.
Why does the whole report read like an exercise in justifying a decision that has already been taken?
My suggestion is a letter to Allies and Morrison saying we like your proposal, make some changes so that it can be done for ?9.5 million and you've got the job. My guess is they won't say no.