41 Allocation of s106 funds PDF 136 KB
To seek approval for Section 106 (S106) open space contributions to be used to fund improvements to parks and open spaces and for their capital schemes. These are to be included in the Capital Programme for the applicable years.
Minutes:
Members considered a report which requested approval for Section 106 open space contributions to be used to fund improvements to parks and open spaces and for their capital schemes. These would be included in the Capital Programme for the applicable years.
RESOLVED that the parks and open spaces improvement schemes for Colliers Wood, Hall Park and Jubilee Park be added to the Capital Programme for 2024/25, at a combined cost of £63,550, to be funded by an allocation from the respective Section 106 contributions.
Reason
Section 106 of the 1990 Town & Country Planning Act (as amended) allows Local Planning Authorities to require developers to enter into Legal Agreements to provide measures to mitigate the impact of their development.