Issue - meetings

On the 24^th November 2020, the Committee had agreed an Infrastructure Funding Statement (IFS) notwithstanding the intention to produce a revised replacement version as soon as practicable. A member Working Group had since been convened to reconsider the IFS, as requested by the Committee on the 24^th November. The Group had concluded that a full list of projects under consideration for CIL funding should now be included in the IFS for publication by the end of the month. The revised IFS, as recommended by the Group, was presented.

The covering report advised that the available CIL funds were insufficient to support all the projects under consideration. Future CIL levies from development were also unlikely to close this gap, hence the aim to develop criteria for evaluating and rating schemes early in 2021.

It was noted that the Working Group could consider adding the name of the project sponsor to the Infrastructure Funding Statement.

          R E S O L V E D – that the revised replacement Infrastructure Funding Statement (IFS) 2020 be approved.