Issue - meetings

To consider the request of the developer of the former Henbury High School site to vary the phasing of delivery of various requirements attached to the Section 106 Agreement attached to that development, which has commenced

The Board considered a report which outlined the request of the developer of the former Henbury High School site to vary the phasing the delivery of various requirements attached to the Section 106 Agreement attached to that development, which had commenced.

The Developer was finding the current economic climate very challenging and in order to be able to continue with the development in a viable manner they were unable to outlay the level of expenditure currently required by the S106 in advance of the commencement/occupation of the residential units.  The only way that the development could proceed was subject to committed sales, with this the Developer could not progress the site.  The Developer was still committed to the delivery of the development but was seeking to allow for greater flexibility in the phasing of the provision of commuted sum payments for highways work and the phasing of replacement playing pitches and the enhanced pavilion building and play equipment.

RESOLVED: 

That delegated authority be granted to the Head of Planning and Policy to negotiate upon and secure amendments to the wording of the S106 Agreement to allow alterations to the phasing of delivery of monies required prior to commencement of development for highways contributions and other items such as the provision of playing pitches and sporting facilities, to be carried out in consultation with the Chairman of the Strategic Planning Board and Ward Councillors.