Issue - meetings

Section 106 Agreements: Update

Meeting: 03/07/2019 - Executive, Resources and Contracts Policy Development and Scrutiny Committee (Item 30)

30 SECTION 106 AGREEMENTS: UPDATE pdf icon PDF 100 KB

Additional documents:

Minutes:

Report FSD19058

 

The Committee considered a report which provided an update on Section 106 agreements.  A Member suggested that there should be greater scrutiny of s.106 monies and it was noted that how s.106 money was spent was an issue for the ERC PDS Committee to scrutinise.  There was a need to ensure that the s.106 money in the Borough was spent.

 

The Portfolio Holder for Resources, Commissioning and Contract Management  agreed that there was a need for greater rigor and imagination around the use of s.106 money.

 

It was agreed that consideration should be given to establishing a Task and Finish Group to review use of s.106 money.  Terms of Reference, Membership and Officer Support could be agreed at the Committee’s meeting in September.

 

A Member noted that one issue with s.106 money was that it tended to inflate the costs of land resulting in modest developers being priced out of land they may develop.

 

RESOLVED: That the report be noted.