Agenda item

City Corporation response to consultation on the Mayoral Community Infrastructure Levy 2 Preliminary Draft Charging Schedule

Minutes:

The Committee received a report advising of the CoL Corporation response to the preliminary draft charging schedule.

 

RESOLVED – That the City Corporation:

 

Supports the delivery of the Crossrail 2 railway and supports in principle the introduction of a new Mayoral CIL charge to contribute towards the cost of delivering this strategic transport infrastructure. 

 

Expresses concern that the cumulative impact of the proposed Mayoral CIL charge, alongside City Corporation’s City CIL and City s106 charges could have an adverse impact on the viability of development in the City.

 

Requests that the Mayor’s viability assessment be refined to address the specific effect on City office development viability and looks forward to close liaison during this process. 

 

Agrees that the detailed comments set out in paragraphs 11 – 17 of this report will be forwarded to the Mayor as the City Corporation’s response to the Mayor’s consultation on the Mayoral CIL2 Preliminary Draft Charging Schedule,

and that Paragraph 16 first sentence be amended to state that “the City Corporation supports the principle of delivering Crossrail2 part-funded by Mayoral CIL2 contributions but objects to the proposed MCIL2 rates for the City until it is reassured that they are supported by robust evidence that takes account of City-specific viability issues.”

 

 

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