Uploading S106 Capital Sums into 2024/25 Capital Budget

May 15, 2024 Cabinet (Cabinet collective) Approved View on council website
Full council record
Content

That a capital budget of £95,000 be
created in 2024/25 to fund play area improvements at the Cas
Troggi Open Space in Caldicot, and that
this is funded by corresponding contributions of £69,120 from
the Section 106 balances held by the council from the S106
Agreement in relation to the former White Hart Public House in
Caldicot (Planning Ref: DC/2013/00796) and £25,880 from the
Section 106 balances held by the council from the S106 Agreement in
relation to the development of land east of Church Road, Caldicot
(Planning Ref: DM/2018/00880).
 
That a capital budget of £144,456 be
created in 2024/25 to fund works at one or more of three
beneficiary sites in Caldicot (Caldicot Greenway, Caldicot Castle
Country Park, Caldicot Town Centre Regeneration Scheme), and that
this is funded by a corresponding contribution of £144,456
held by the council from the S106 Agreement in relation to the
development of land east of Church Road, Caldicot (Planning Ref:
DM/2018/00880).
 
That the decision on which beneficiary
projects the £144,456 funding will be spent be delegated to
the Chief Officer for Customer, Culture and Wellbeing in
consultation with the Cabinet Member for Equalities and Engagement,
this decision to be taken following consultation with the local
Caldicot county council members and Caldicot Town Council.
 
That a capital budget of £24,629 be
created in 2024/25 to fund play area improvements at Rockfield
Farm, Undy and that this is funded by a corresponding contribution
of £24,629 from the Section 106 balances held by the council
from the S106 Agreement relating to the development of land at
Vinegar Hill, Undy (Parcel A) (Planning Ref: DM/2019/01937).
 
That a capital budget of £13,422 be
created in 2024/25 to fund advance planning works on land at
Knollbury to establish increased
recreation facilities for the Magor with Undy area and that this is
funded by a corresponding contribution of £13,422 held by the
council from the S106 Agreement relating to the development of land
at Vinegar Hill, Undy (Planning Ref: DM/2019/01937
 
That the above amount (specified in para 2.5)
be utilised to offset the costs of obtaining planning permission
for the recreational use of land adjacent to Rose Cottage,
Knollbury, Magor currently held on
capital budget code 90847.
 
That a capital budget of £120,000 be
created in 2024/25 for play area improvements at Mardy Playing
Field and that this is funded by a corresponding contribution of
£120,000 from the Section 106 balances held by the council
from the S106 Agreement in relation to the development of land at
Deri Farm, Abergavenny (Planning Ref: DC/2014/01360).
 
That when uploaded into the 2024/25 capital
budget, the funding of £120.000 set out in para 2.7 above is
transferred to the Llantilio Pertholey Community Council, as owners
of the Mardy Playing Field, and that officers work closely with the
community council to agree and implement a range of play area
improvements.
 
That a capital budget of £13,230 be
created in 2024/25 for play area improvements at Bailey Park,
Abergavenny and that this is funded by a corresponding contribution
of £13,230 from Section 106 balances held by the council from
the S106 Agreement for the development of land at The Hill,
Abergavenny (Planning Ref: DC/2015/01585)

Supporting Documents

FINAL Uploading Capital Balances 2024-25 - 030524.pdf
IIA Updated Document 010524.pdf

Details

OutcomeRecommendations Approved
Decision date15 May 2024