6 S106 and CIL Update Report 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.