Issue - meetings

To receive a report of the Section 106 Monitoring Officer.

The committee considered a report of Rachel Bolton the section 106 monitoring officer providing an update on the general breakdown of section 106 monies currently held by the Council in terms of income and expenditure, together with a list of agreements completed. In addition, a spread sheet containing details of deposits held by the council as at 21 March 2013 was tabled at the meeting.

Rachel explained the process which allowed local ward members to be involved at an early stage in the process  and to be invited to pre- application meetings.

In response to a question about what happened to interest accrued to section 106 monies held on deposit, Rachel informed the committee that this was usually covered in the legal agreements, but that where agreements were silent on the issue, interest was transferred to the Council’s cash reserves.

Resolved

(a)          That the report be received;

(b)          That the process by which Local Ward Members are notified of and invited to take part in pre application meetings  regarding section 106 agreements be formalised and all Members be informed of the arrangements;

(c)          That electronic versions of the full section 106 spread sheets be made available to all Members of the Council to enable Councillors to monitor section 106 agreements within their respective wards.