Issue - meetings

S106 and CIL Update Report

Meeting: 01/12/2020 - Financial Strategy Advisory Group (Item 6)

6 S106 and CIL Update Report pdf icon PDF 135 KB

This report provides an update on the funds held under Section 106 (S106) planning agreements and CIL (Community Infrastructure Levy).

Minutes:

The Panel received a report providing an update on the funds held under Section 106 (S106) planning agreements and CIL (Community Infrastructure Levy).

The following matters were debated by Councillors:

·         Funds available for Affordable Housing and how these have been applied in the past and the criteria for allocating funds to potential future schemes.

·         The level of CIL receipts currently available and committed.

·         The Council’s position on the recovery of outstanding CIL balances from developers.

·         The cost of housing families out of borough.

Following consideration, the Panel resolved to:

(1)      note the current position on S106 funds held by the Council;

(2)      note the current position on CIL funds held by the Council.