Purpose

To increase the rates for
financial contributions to Open Space provision from developers in
line with inflation, to be effective from 1st April 2026 for all
LP63 contributions for: -

Parks &
Recreation Grounds
Natural &
Semi-Natural Greenspace
Amenity
Greenspace
Allotments
Children & Young
People (LAP, LEAP & NEAP)
Outdoor
Sports
MUGA

 
The Open Space SPD sets out the
financial contribution costs per dwelling to be provided towards
new or enhanced off-site open space provision within the vicinity
of a proposed housing development where appropriate. The financial
contributions relate to different types of open space and are
calculated using rates and triggers set out in tables 5 and 6 in
the SPD, which states “that these figures will be reviewed
periodically if the value of land and/or costs
change.”
 
Agreement from Executive
Director of Place on 27/07/2024 to review the financial
contribution rates annually in line with inflation and in
accordance with the FPR 11.1
requirements.
 
Reason: To
ensure the council has an up-to-date Open Space Supplementary
Planning Document which reflects increased financial contribution
rates in line with inflation.
 

Content

The decision was taken to
increase rates for the Open Space SPD in line with inflation and
henceforth carry out annual inflation increases (as required), to
ensure FPR 11.1 requirements are met.