Section 106 contributions
Very simply - money taken from developers to improve the local area. This is not a fund that gets accumulated. It is a fund to finance agreed projects in the area:
5.1 Information in this section relates to
financial contributions secured by way of section 106 planning obligations.
|
Section
106 contributions received
|
Oct-Dec
2014
|
Apr
2014- Mar 2015
|
|
Contributions
received (Rushmoor and Hampshire)~
|
£244,948.47
|
£1,174,183.19
|
|
Open Space
(specific projects set out in agreements)
|
£26,485.00
|
£385,408.38
|
|
SANGS a)
Hawley Meadows * b) Southwood II c) Rowhill
|
a) £28,340.00
b) £120,510.00
c) 0
|
a) £348,877.67
b) £278,980.00
c) 19,759.25.00
|
|
SAMM a)
Hawley Meadows* b) Southwood II* c) Rowhill*
|
a) £3,105.00
b) £13,169.00
c) £0
|
a) £38,567.38.00
b) £30,512.00
c) £2,163.04
|
|
Transport
(specific projects set out in agreements)*
|
£5,788.00
|
£146,055.68
|
~This
figure also includes monitoring charges, interest and receipts for the
Farnborough Airport Community Environmental Fund.
*Contributions
relating to the Hawley Meadows SANG. SAMM contributions and Transport are paid
to Hampshire County Council.
Twelve new undertakings/legal agreements were signed in the
period October-December 2014. A total of 37 were signed in the year.
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