The Council launched a consultation on its preliminary draft charging schedule (16-page / 1.31MB) (PDCS) last week. It has proposed that its' Major Development Areas, which comprise Watford Junction, the Health Campus and Ascot Road, will be subject to a zero rate levy.
The Council said that these were the three areas with the greatest regeneration activity and that its viability assessment had found that it was not viable to propose a CIL rate for those areas "without reducing or reassigning on site infrastructure or section 106 costs".
For residential developments outside the Major Development Areas, the proposed rate is £120 per sq m. The same rate is proposed to apply to care homes, hotels and retail developments.
A proposed zero rate levy will apply to office, industrial and other commercial uses.
The consultation will be open until 15 April. The Council said it expects to adopt CIL by April 2013.
