The PDCS (10-page / 1.43MB PDF) proposes that the borough is divided into three different areas, each of which will have a different rate for residential development. Developments in the "High Value" area, which largely covers the northern half of the borough, will be subject to a proposed charge of £150 per square metre. The proposed charge for developments in the "Medium Value" area is £100 per sq m and a £50 per sq m charge applies in the last remaining area.
Retail developments over 280 sq m are proposed to be charged a rate of £125 per sq m and all retail development below this size threshold will be subject to a proposed zero rate charge. A zero rate charge is also proposed for all other types of development.
The Council said that the proposed charges are not set at the maximum viable levels, but that they have been set to achieve balance between maximising revenue to invest in infrastructure against the need to minimise the impact upon development viability.
The consultation on the PDCS will run from 9 November to 21 December 2012. The Council said it plans to adopt CIL in the summer next year.
