Planning Approval P03/0494 - 24 No. Dwellings at Hastings Road - Variation to S.106 Agreement relating to No.21 The Gatehouse
Meeting: 07/12/2011 - Southern Planning Committee (Item 122)
PDF 86 KBTo consider proposed amendments to the wording of the Section 106 Agreement for the above development.
Minutes:
The Committee considered a report regarding proposed amendments to the wording of the signed section 106 agreement relating to the construction of 24 Dwellings on land adjacent to London Road, Nantwich, which had been deferred at the previous meeting to enable officers to provide further information.
The section106 agreement referred to three affordable units which were subject to a shared ownership lease, whereby the occupier acquired a percentage interest in the unit and a rent was payable to the Housing Association on the remainder of the unit. Occupiers of the affordable units in question had the right to acquire a greater interest in the unit by paying a percentage of the open market value of the property, but they were not permitted to staircase beyond acquiring a 90% share of that unit.
The joint owners of 21 The Gatehouse, Hastings Road, Nantwich had submitted an application to remove the 90% restriction on staircasing with respect to that property, thus allowing for outright ownership.
RESOLVED
(a) That the wording of the section 106 Agreement in respect of application P03/0494 be varied to allow for 100% staircasing of the property known as 21 The Gatehouse.
(b) That Plus Dane be requested to spend any surplus funds from the sale of the property in the Borough of Cheshire East