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Agenda item
PLANNING AND TRANSPORTATION COMMITTEE
(Michael Welbank, Deputy)
Consultation on City of London Community Infrastructure Levy Draft Charging Schedule
Your Committee seeks approval to the City of London’s Community Infrastructure Levy (CIL) Draft Charging Schedule, to the supporting material to be issued for its second round of public consultation and to its submission for public inspection before adoption in early 2014.
The CIL is a statutory charge on new development which has been designed to help fund the provision of new infrastructure and replaces the existing approach of Section 106 planning obligations. The charge was introduced in the Planning Act 2008, as amended by the Localism Act 2011.
The first of the two rounds of public consultation on the preliminary draft charging schedule took place between March and May 2013 and no objections, requiring significant changes, were received. Therefore, the draft charging schedule retains the original proposed CIL rates applicable for increases in floor space as follows:-
o £75 per square metre City-wide for commercial development;
o £95 per square metre for residential development; and
o £150 per square metre for residential development on the riverside.
The draft charging schedule is supported by the following documents in accordance with the CIL preparation regulations: -
o an Infrastructure Delivery Plan to show the scale of new infrastructure that will be part-funded by CIL;
o an Economic Viability Study to show that the proposed CIL rates will not impact adversely on the general viability of development in the City;
o a ‘Regulation 123’ List setting out the types of infrastructure that will be part-funded by CIL; and
o Planning Obligations options paper showing how planning obligations might be scaled back upon the introduction of CIL.
A copy of the City of London Community Infrastructure Levy Draft Charging Schedule and the supporting documents can be found in the Members’ Reading Roomand can be accessed via the following link on the City Corporation’s website http://democracy.cityoflondon.gov.uk/ieListDocuments.aspx?CId=143&MId=962&Ver=4.
Subject to the Court’s approval, the on-going timetable for the preparation of the City’s CIL is –
o Consultation on Draft Charging Schedule – 22nd July – 30th September 2013;
o Documents to be available Public Inspection: November/December 2013; and
o Adoption in March 2014.
If the consultation generates comments that would merit a significant review of the City’s proposed approach to CIL then this would be brought to Members for their consideration.
We recommend that the CIL Draft Charging Schedule and supporting material be approved for public consultation and, following consultation, be submitted for public inspection; and that Officers be authorised to make any further, non-material, changes to the CIL documentation in the meantime prior to public consultation.
Minutes:
PLANNING AND TRANSPORTATION COMMITTEE
(Michael Welbank, Deputy)
Consultation on City of London Community Infrastructure Levy Draft Charging Schedule
Your Committee seeks approval to the City of London’s Community Infrastructure Levy (CIL) Draft Charging Schedule, to the supporting material to be issued for its second round of public consultation and to its submission for public inspection before adoption in early 2014.
The CIL is a statutory charge on new development which has been designed to help fund the provision of new infrastructure and replaces the existing approach of Section 106 planning obligations. The charge was introduced in the Planning Act 2008, as amended by the Localism Act 2011.
The first of the two rounds of public consultation on the preliminary draft charging schedule took place between March and May 2013 and no objections, requiring significant changes, were received. Therefore, the draft charging schedule retains the original proposed CIL rates applicable for increases in floor space as follows:-
o £75 per square metre City-wide for commercial development;
o £95 per square metre for residential development; and
o £150 per square metre for residential development on the riverside.
The draft charging schedule is supported by the following documents in accordance with the CIL preparation regulations: -
o an Infrastructure Delivery Plan to show the scale of new infrastructure that will be part-funded by CIL;
o an Economic Viability Study to show that the proposed CIL rates will not impact adversely on the general viability of development in the City;
o a ‘Regulation 123’ List setting out the types of infrastructure that will be part-funded by CIL; and
o Planning Obligations options paper showing how planning obligations might be scaled back upon the introduction of CIL.
A copy of the City of London Community Infrastructure Levy Draft Charging Schedule and the supporting documents can be found in the Members’ Reading Roomand can be accessed via the following link on the City Corporation’s website http://democracy.cityoflondon.gov.uk/ieListDocuments.aspx?CId=143&MId=962&Ver=4.
Subject to the Court’s approval, the on-going timetable for the preparation of the City’s CIL is:-
o Consultation on Draft Charging Schedule – 22nd July – 30th September 2013;
o Documents to be available Public Inspection: November/December 2013; and
o Adoption in March 2014.
If the consultation generates comments that would merit a significant review of the City’s proposed approach to CIL then this would be brought to Members for their consideration.
We recommend that the CIL Draft Charging Schedule and supporting material be approved for public consultation and, following consultation, be submitted for public inspection; and that Officers be authorised to make any further, non-material, changes to the CIL documentation in the meantime prior to public consultation.
Read and agreed to.