Re: Leamington new ground situation

By VoR1/6 17:04Sun Jun 1 17:04:11 2025In response to Leamington new ground situation

Views: 371

For the record, Nuneaton & Bedworth Borough Council do not raise money from Developers by way of a Community Infrastructure Levy, they do not have a Policy in place for a CIL.

Instead, they prefer to raise money from Developers by way of a Section 106 Agreement, which ensures financial contributions are made under a number of headings.

As a new Stadium Developer, this is something that NTFC CIC will have to raise with NBBC.

Will the new Club be expected to make a S106 contribution, in consideration for a satisfactory Planning Permission?

On the flip side, will NBBC be prepared to fund a part of the new Stadium development cost by using some of the funds from their S106 pot, if the new Stadium is built on Council owned land?

So, there are two sides to this coin!

Just my thoughts!

Edit:

When an Outline Planning Permission is granted, there will be a very long list of Reserved Matters that need to be discharged during the Planning process, leading eventually to a full Planning Permission.

Obtaining an Outline Planning Permission is an encouraging first step & is the route that, IMO, NTFC CIC should follow...

Also, a S106 Agreement is a very secure method of obtaining the contributions they require, because it involves many consultations with the different parties to the Agreement.

Edited by VoR at 17:05:04 on 1st June 2025
Edited by VoR at 17:13:28 on 1st June 2025
Edited by VoR at 17:17:17 on 1st June 2025