AGENDA - Bassetlaw District Council

Clear financial arrangements were also put in place using the Council'sACOLAID system to monitor all section 106 monies and to track expenditureto ensure that any works are carried out in accordance with the agreement,including ensuring monies are spent within the timescales envisaged by theagreement. One important change introduced in this regard was that allmonies should be paid initially to Bassetlaw District Council and they shouldthen only be drawn down when evidence of expenditure, or a programme ofspend, is supplied which accords with the provisions of the agreement.It is important to note that if money is not spent within the Agreement period itmust be handed back to the applicant, unless they agree to an extension ofthe Agreement, and it cannot be used for purposes other than those set outwithin the Agreement.In addition the rules regulating Section 106 Agreements have been amendedas a result of the introduction of the Community infrastructure Levy.To date there are currently 16 agreements with outstanding funding whichaccount for a balance of £877,517.92 covering a range of issues such asAffordable Housing, play areas and equipment, transportation improvementsetc. These agreements are detailed at Appendix 1.Within the last 6 months a total of £619,414 has been paid out in relation todelivery of all or part of works contained with 6 of the outstanding agreementsThese figures are not included within the outstanding balance above.In addition discussions are currently taking place in relation to 5 newagreements arising out of recent approvals such as the mixed useredevelopment of Haworth Colliery and the redevelopment of the FormerOrdsall Comprehensive School site.It is proposed that further update reports are brought to planning committeeon a six monthly basis.4. Implicationsa) For service usersNone arising from this reportb) Strategic & PolicyNone arising from this reportc) Financial - Ref: 121796The Council has in place clear procedures for Manag~ng the receiptand allocation of monies received through Section 106 Agreements