Issue - meetings

Process and Governance of Allocation and Spend of Developer Contributions

Meeting: 17/10/2023 - Cabinet (Item 51)

51 Process and Governance of Allocation and Spend of Developer Contributions pdf icon PDF 91 KB

Additional documents:

Minutes:

The Cabinet Member for Regeneration and Economic Development introduced a report on plans to streamline the governance and working procedures in respect of the allocation of Community Infrastructure Levy (CIL) and Section 106 funding, which supported the delivery of infrastructure across the Borough as part of the Council’s growth agenda.

 

The proposals included the creation of an officer sub-group which would meet quarterly with external and internal stakeholders to consider strategic and service infrastructure needs.  That sub-group would submit proposals to the Assets and Capital Board and a Member-level group, consisting of the portfolio holders for finance and regeneration and the Chair and Deputy Chair of the Planning Committee, every six months who, in turn, would recommend the allocation of CIL and s106 funds accordingly.  The Cabinet Member confirmed that any proposed allocations over £200,000 would be presented to Cabinet for decision.

 

Cabinet resolved to agree the proposed governance and workflows for the allocation and spend of CIL and s106 developer contribution funding, as set out in section 2 of the report.