Issue - meetings

Infrastructure Funding Statement 2020

Meeting: 08/12/2020 - Strategic Planning and Infrastructure Committee (Item 281)

281 Infrastructure Funding Statement 2020 pdf icon PDF 68 KB

Additional documents:

Minutes:

The Head of Planning and Development introduced the report and noted that production of an Infrastructure Funding Statement (IFS) was a statutory requirement that would be published on the Council’s website by 31 December 2020.

 

The IFS replaced the Community Infrastructure Levy (CIL) 1-2-3 list and outlined the financial and non-financial developer contributions that had been received by the Council over the past year. The document was key to achieving the necessary infrastructure within the Council’s adopted local plan. Following a bidding process, the Committee would allocate the CIL funds based on project prioritisation. Section 106 monies would be used on the projects specified. The difference between the CIL and Section 106 was outlined.

 

RESOLVED: That the report be noted.