Issue - meetings

Peter Kemp, the Planning Change Manager, reported the following amendments to the original report printed with the Cabinet agenda:

1.    Paragraph 1.1 now seeks authority to draw down £7.35m and should read: -

This report is the second report for S106 spend in 2016/17 and seeks authority to spend £7.35m

2.    Paragraph 4.2 now is amended to £1,972,315.70.  This is not new expenditure but authority to spend money on schools projects which the Council is already committed to.  It is purely that Children’s services have spent the funds in an earlier year than they first intended.   The report should now read: -

£1,972,315.70 towards capital education projects in the borough to be funded from : -

                 £671,620 – Fulham Reach                                     716

                 £298,827 – Stowe Road Depot                             693

                 £240,000 – Riverside Studios                                801

                 £259,553 – 258 – 264 Goldhawk                          805

                 £100,000 - Chelsea Creek South                          732

£100,000 – Carnwarth Road                                  723

£100,000 – 271 – 281 King Street                                    830

£100,000 – BBC Television centre                       827

£102,315.70 – Westfield                                         629

He also apologised for the misspelling of Irish Centre in paragraph 4.10 in the report.

RESOLVED:

That officers be authorised to spend Section 106 monies as set out in this report.