Issue - meetings

CIL Funding Priorities

Meeting: 08/09/2020 - Cabinet (Item 72)

72 CIL Funding Priorities pdf icon PDF 234 KB

The Council must identify how it intends to use Community Infrastructure Levy (CIL) monies collected to deliver strategic infrastructure.  The purpose of this report is to consider the prioritisation of the schemes to be funded either entirely, or in part, through CIL.  This report identifies options and seeks approval to undertake the recommended approach.  CIL is a levy on development which the Council has collected, where the funds are used to provide infrastructure.

 

In accepting the recommendations, Cabinet will approve and recommend to Council the Draft Infrastructure Funding Statement set out in Annex’s 2 and 3 of the report, to replace the Regulation 123 list; the recommended prioritisation of schemes for 2020/2021, in accordance with paragraph 1.16 of the report; that £2,069,666 of CIL funding be committed to the priority schemes, in accordance with paragraph 1.21 of the report; and that further CIL received up to the 31 March 2021 be committed to the priority schemes in accord with the percentages set out in paragraph 1.21 of the report.

Additional documents:

Minutes:

The subject of the decision:

 

The Council was required to identify how it intended to use Community Infrastructure Levy (CIL) monies collected to deliver strategic infrastructure.  The purpose of this report was to consider the prioritisation of the schemes to be funded either entirely, or in part, through CIL.  This report identified options and sought approval to undertake the recommended approach.  CIL is a levy on development which the Council had collected, where the funds were used to provide infrastructure.

 

Alternative options considered:

 

None.

 

The reason for the decision:

 

The Council needs to follow the Community Infrastructure Levy (Amendment) (England) (No. 2) Regulations 2019) as amended to ensure that the proper legal procedures continue to be adhered to in implementing the Charging Schedule.  The arrangements for the management of CIL monies may require legal mechanisms between the Council and any delivery partners.

 

The Decision:

 

That Cabinet approves and recommends to Council:

 

(1)     the Draft Infrastructure Funding Statement set out in Annexes 2 and 3 of the report, to replace the Regulation 123 list;

 

(2)     the recommended prioritisation of schemes for 2020/2021, in accordance with paragraph 1.16 of the report;

 

(3)     that £2,069,666 of CIL funding be committed to the priority schemes, in accordance with paragraph 1.21 of the report; and

 

(4)     that further CIL received up to the 31st March 2021 be committed to the priority schemes in accord with the percentages set out in paragraph 1.21 of the report.