Out-Law News | 11 Nov 2014 | 5:08 pm |
The Council has proposed in the DCS (6-page / 608 KB PDF) to divide the district into two charging zones for residential developments. In the 'Low Zone', which covers an area either side of the A1308 and B1113 between Stowmarket and Needham Market, residential developments of between one and 14 homes would be charged a rate of £75 per sq m and those with 15 or more homes would be charged £50 per sq m under the DCS.
In the 'High Zone', which covers the rest of the district, a rate of £115 per sq m has been proposed for residential developments.
A district-wide rate of £100 per sq m has been proposed for "wholly or mainly convenience retail" developments.
The DCS proposes a nil rate levy for all other uses and for all development within the strategic sites at Chilton Leys, Ashes Farm and Farriers Road.
The public consultation ends on 24 December. The Council said it expects CIL to be "brought into effect prior to the government target date of April 2015".