Issue - meetings

S106 Update Report

Meeting: 01/02/2018 - Strategy and Resources Committee (Item 46)

46 S106 Update Report pdf icon PDF 122 KB

This report provides an update on the funds held under Section 106 (S106) planning agreements

Minutes:

The Committee received a report that provided an update on the funds held under Section 106 planning agreements and sought agreement for S106 funding to be applied to energy improvement initiatives in Court and Poole Road Recreation Grounds.

The report highlighted that as at 30 November 2017, the balance of uncommitted S106 funds stood at £1,508K, £311k of which had been earmarked against future expenditure, leaving available funds of £1,197K.

Certain S106 funds were required to be spent within a certain period or were liable to return to the developer. Three S106 contributions in relation to The Lintons Centre, Lintons Lane totalling £141,742 fell into this category. The expiry date on these funds was December 2024.

The report also highlighted currently uncommitted S106 contributions held over £10,000. Eleven contributions totalling £1,122,362 fell into this category. A Capital Member Group meeting would be convened in the coming months to discuss the potential uses of S106 funds.

The report sought the use of:

·                     £18,000 of S106 funds from the Lintons Lane agreement (£124,364) the use of which was conditioned to be for open space outdoor sports facilities to replace the existing lighting to the tennis courts and 3G football pitch with LED high level, low energy floodlights.

·                      £18,000 of S106 funds from the following agreements for open space outdoor sports facilities to replace the existing lighting with low energy LED lighting:

 

S106 Ref

S106 Agreement

Contribution Required

£

167

42 Meadow Walk

1,054

250

1A Corner House Parade, Ewell

1,315

273

379 - 393 Kingston Road, Ewell

3,832

275

The Lane House, 33 Epsom Rd, Ewell

873

297

413A Kingston Road, Ewell

1,573

285

Public Convenience High St Ewell

2,630

283

178A Kingston Road, Ewell

1,383

270

31 High Street, Epsom

3,146

271

31 High Street, Epsom

2,160

Total

 

17,967

 

It was noted that the revenue savings as a direct result of these projects were estimated at £2,000 per annum and £1,000 per annum respectively and investment in certain areas was not necessarily all about pay back but about enhancement of facilities for the benefit of residents.

Accordingly, the Committee:

(1)          Noted the current position on S1)6 funds;

(2)          Approved the use of S106 funds as set out in paragraph 5 of the report for floodlight LED replacement on the tennis courts and 3 G football pitch at Court Recreation Ground;

(3)          Approved the use of S106 funds as set out in pargraph 6 of the report for floodlight LED replacement on the running track and sports areas at Poole Road Recreation Ground;

(4)          Noted that a Capital Member Group meeting will be convened to discuss potential uses of uncommitted S106 funds.