Issue - meetings

Write-off - Section 106 Agreement

Meeting: 28/11/2017 - Strategy and Resources Committee (Item 36)

36 Write-off - Section 106 Agreement pdf icon PDF 104 KB

A report seeking to write-off sums invoiced pursuant to a section 106 Agreement in relation to a development at Linton’s Lane, Epsom.

 

Decision:

The Committee agreed to write off the sum of £374,498.27

Minutes:

A report was presented to the Committee that sought to write-off sums invoiced pursuant to a Section 106 Agreement in relation to a development at Linton’s Lane, Epsom.

The report highlighted that it had to be recognised that the sums invoiced, totalling £374,498.27, were no longer recoverable and therefore it was recommended that the sum be written off.

Accordingly, the Committee agreed to write off the sum of £374,498.27.