Report attached.
Decision:
Cabinet:
Agreed to recommend to Council to:
Minutes:
The report was presented to Cabinet by Councillor Benham. The Council recognises that the delivery of infrastructure will be the key to successfully realising its planning and regeneration strategies across Havering. The Havering Community Infrastructure Levy (CIL) is a monetary charge which will be placed on new development to secure a contribution from developers to the cost of infrastructure. The CIL funds can be used to help provide new infrastructure, increase the capacity of existing infrastructure or to repair failing existing infrastructure, if those deficiencies will be worsened by new development.
In preparing the CIL, the Council took account of up to date evidence on infrastructure, development viability considerations and the preparation of the Havering Local Plan.
The Examiner has found the Havering local plan to be satisfactory.
Over the period of the Havering Local Plan (up to 2031/32) it is estimated that the Havering CIL could secure developer contributions of around £63m. Notwithstanding this, it will remain essential for the Council and other stakeholders to continue to explore every opportunity to secure funding from other sources to complement the CIL monies.
Cabinet:
Agreed to recommend to Council to:
Supporting documents: