Out-Law News 1 min. read
17 Jul 2012, 5:17 pm
The Council will aim to publish the Charging Schedule for public consultation as soon as possible. The Schedule proposes a single flat rate charge for residential development across the Borough of £55 per square metre.
Strategic expansion areas of 850 dwellings or more would be subject to a nil rate levy, the Committee Report said (212-Pages 23MB PDF) from page 139.
"This single flat rate charge for residential excludes any strategic expansion areas, for which essential infrastructure would continue to be secured by way of section 106 Planning Obligations," the Committee Report said.
The estimated CIL charges for an average residential dwelling varied from £2,750 for a one bedroom flat, to £5,775 for a four or more bedroom house, according to calculations in the Committee report.
The proposed rates for non residential development varied from a zero rate levy per sq m for agricultural, industrial and office development and health, education and community development, up to £200 per sq m for all retail development.
Retail warehousing is proposed to be levied at a different rate than for the retail stores, and is planned to be charged at £50 per sq m.
For leisure and traditional retail that is less than 280 sq m, the Committee Report said that the proposed rate would be £20 per sq m and hotel development is proposed to be charged at £5 per sq m.
Following the Council's Cabinet's approval for consultation, the Preliminary Draft Charging Schedule and accompanying documents will be made available for public consultation for a period of eight weeks "as soon as is practicable", the Council said.
