36 Write-off - Section 106 Agreement 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.