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S106 Funding and the Implications of S106 Pooling Restrictions

To consider available options for seeking S106 contributions from April 2015 until the introduction of a Community Infrastructure Levy (CIL).

Decision type: Key

Reason Key: Expenditure > £300,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 09/02/2015

Decision due: 19 Mar 2015 by Executive Councillor for Open Spaces and City Services

Lead member: Executive Councillor for Open Spaces and City Services

Lead director: Director of Environment

Department: Environment

Contact: Tim Wetherfield, Urban Growth Project Manager Email: tim.wetherfield@cambridge.gov.uk Tel: 01223 457313.

Additional Information: This is a key decision and will automatically appear on the agenda.

Background Information: New S106 pooling restrictions from April 2015 will limit councils' ability to enter into new S106 agreements. The report will take stock of current S106 funding availability and consider options for an interim solution.

Decisions

Agenda items