Update on Section 106 monies for Moseley and Kings Heath Ward
Below is the list of Section 106 monies for Moseley and Kings Heath Ward which are waiting to be spent.
Section 106 is a controversial part of planning decisions. It is namely a financial contribution that developers make to the Council to off set negative aspects of their planning application. For example if the developement does not contain enough social housing, then the developer will offset that providing money for soical housing to be created elsewhere.
Advocates of Section 106, claim that it makes developements possible in difficult sites. Opponents of Section 106, claim it makes developement possible that should not go ahead.
The list of outstanding Section 106’s is as follows. At the bottom, I explain current thinking on where this money will go
a) S/01640/98/FUL Brittanic House - £200,000 Housing money was received and £195,000 spent. With interest accrued there is a balance of £64,668 which is ear marked for Extra Care Villages. There is no expiry on this money. £65,000 open space money was also received. Works have been undertaken and following a draw down the current balance of open space money is now £22,699. There is no expiry.
b) S/02698/01/FUL 36-38 Wake Green Road - £100,000 Housing money received but has expired. However, endeavours will be made to seek a Deed of Variation to gain an extension of time to enable spend. A letter has been prepared.
c) S/00193/02/FUL Reddings Road (formerly Moseley Rugby club) - £97,284 Highbury Park money received expiring Sept 2010. Current balance is £109,929.
d) S/02019/05/FUL Coldbath Cottage - £88,400 open space / play money received expiring in 2012. Current balance is £104,209.
e) S/01468/06/FUL 2 Alcester Road (former Simon Court) - £28,000 open space money not yet due.
f) S/04017/06/FUL Moor Green Lane (former Ideal Insurance building) - £98,000 open space money not due yet.
g) S/03314/07/FUL School Road (former Centre 13 site) - £240,000 Housing money received expiring in 2012. £40,000 open space money received expiring in 2012.
Current thinking on where this money will go:
£22,699 from Britannic House for open space – proposed for new childrens playarea in Trafalgar Road pocket park
£109,929 from The Reddings for Highbury Park - £8,000 is about to be spent on the Historic Conservation Survey of the park – target date for survey to start is June 2008. This survey will set the paramaters in which this money can be spent.
£104,209 from Coldbath Cottage for open space – I personally think this money should be spent on Swanhurst Park, since the park is just across the road from the developement.
£28,000 from Simon Court developement for open space - proposed for new childrens playarea in Trafalgar Road pocket park
£98,000 from Ideal Insurance developement for open space – proposed for Highbury Park, pending the outcome of the Historic Conservation Survey
£40,000 from the Centre 13 developement for open space - proposed for new childrens playarea in Trafalgar Road pocket park