4 Funding Community Benefits Through Planning Obligations Draw Down Report 2023/24 PDF 17 MB
Decision:
That Cabinet approves the 2023/24 drawdown of Section 106 and Community Infrastructure Levy monies as set out in this report, to fund expenditure of £22,345,804 for a wide range of community benefits across the borough.
Minutes:
Councillor Rowan Ree, Cabinet Member for Finance and Reform, introduced the report setting out the projects and services to be funded from monies received through Section 106 (S.106) agreements or the Borough Community Infrastructure Levy (CIL). In total £22.3m secured by the council from developers as part of their planning permission would be investment in community benefits to improve the quality of life for residents living across our borough.
Councillor Victoria Brocklebank-Fowler asked the reason that nearly half the S.106 monies were spent on the Civic Campus and whether there were plans for future use of the fund on the scheme.
The Leader replied that the Civic Campus scheme once completed would regenerate that part of the borough. However the scheme was suffering from the consequences of Brexit, the pandemic, the economy and the building industry in crisis. The Council was taking a tough approach to negotiate with developers to ensure value for residents.
AGREED UNANIMOUSLY BY THE CABINET MEMBERS:
That Cabinet approves the 2023/24 drawdown of Section 106 and Community Infrastructure Levy monies as set out in this report, to fund expenditure of £22,345,804 for a wide range of community benefits across the borough.