Printer Friendly

Charges 'will not hit new developments'.

DEVELOPERS have been told that proposed new spin-off charges to pay for schools, transport links and other public facilities will be reasonable.

Council bosses are keen to ensure that the new Community Infrastructure Levy, or CIL, charges do not stop developers and investors in the city coming forward with new projects.

It is through CIL charges that developers can compensate the City Council and community for the impact their activity has on a neighbourhood by providing or improving community facilities.

CIL takes over from the existing Section 106 payments which now have to be invested on the development site itself.

Details of proposed new CIL charges will be presented to the council's cabinet next Monday before being issued for public consultation and follow talks with developers.

Cabinet member for development Coun Tahir Ali said the council must set a rate which does not limit development, but covers the cost of community facilities, such as schools, parks and roads.

Once set the CIL charges will come into force from April 2015.

COPYRIGHT 2014 Birmingham Post & Mail Ltd
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2014 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:News; Teasers
Publication:Birmingham Mail (England)
Date:Sep 10, 2014
Previous Article:Director lands national role; INSIDE BIZ.
Next Article:CCTV plea after drinker battered.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters