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Agenda Volume 2 - Methodist Conference

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36. Westminster College Oxford Trust Limited:<br />

Estate Development<br />

taken the view that, whilst Pothecary<br />

Witham Weld (PWW) has acted as its<br />

solicitor for many years, as for many<br />

other <strong>Methodist</strong> bodies, it would<br />

be appropriate in this particular<br />

instance to seek independent legal<br />

advice, leaving the Church free to<br />

use PWW for advice if the need<br />

arose. That advice is being given by<br />

Blake Lapthorn, a firm with a strong<br />

reputation and expertise in the<br />

relevant legal fields. The university<br />

has undertaken to pay all the trust<br />

company’s reasonably incurred<br />

professional fees.<br />

53. It is envisaged that the valuation<br />

discussions will be continuing until<br />

much nearer to the date of the<br />

<strong>Conference</strong>, and it is only at that<br />

stage that the directors hope to<br />

be in a position to put forward a<br />

preferred option for the <strong>Conference</strong><br />

to consider.<br />

54. However we offer here some broad<br />

considerations. The freehold option<br />

would undoubtedly create funds<br />

sufficient to enable the trust to fund<br />

some activities at Oxford Brookes<br />

– such as the Oxford Centre for<br />

Methodism and Church History<br />

and the Chaplain. However it would<br />

be difficult to create an effective<br />

structure which would realistically<br />

enable the present relationship to<br />

be continued on similar terms. In<br />

addition, there are serious questions<br />

about the wisdom of disposing of<br />

freehold land in Oxford, and at a time<br />

when the market is still relatively<br />

weak.<br />

<strong>Conference</strong> <strong>Agenda</strong> 2013<br />

55. The continuing relationship would be<br />

easier to make effective through a<br />

leasehold agreement, although there<br />

are still a number of questions to<br />

address. However, the disposition of<br />

such a long leasehold interest would<br />

need to be reflected in the premium<br />

to be paid for the lease.<br />

56. It might be relevant to point out that<br />

the possibility of a development<br />

such as is now being considered<br />

was envisaged at the time of the<br />

merger. The report to the <strong>Conference</strong><br />

in 1999 said “… it is possible that<br />

during the period of the lease the<br />

<strong>Methodist</strong> <strong>Conference</strong> would be<br />

willing to enter into an even longer<br />

term commitment with OBU [Oxford<br />

Brookes] if it remains satisfied with<br />

the educational provision on the<br />

campus and the relationship with<br />

OBU. But a longer term commitment<br />

will not in any event involve the<br />

relinquishment of the Church’s<br />

freehold ownership of the property.” 7<br />

57. It may be argued that there is in<br />

fact another option: the ‘do-nothing’<br />

option ie to refuse to agree to any<br />

alteration in the current leasehold<br />

arrangement. It must be recognised<br />

that the status quo is not likely to<br />

be a possibility in anything other<br />

than the short term as the directors<br />

believe that the university is<br />

currently strongly committed to its<br />

estate strategy of reducing to two<br />

campuses, and would want either<br />

7. <strong>Conference</strong> <strong>Agenda</strong> 1999, para 6.5<br />

419

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