Cabinet considered the head of finance’s report on an application for section 106 funds from Kingston Bagpuize with Southmoor Parish Council. The application was for £596,757.66 towards the replacement of the parish’s existing sports pavilion.
The Cabinet member for development and infrastructure reported that the sum was proposed to be taken from eight contributions secured under section 106, from legal agreements linked to five developments. A funding agreement would specify the parish council’s contribution and liabilities. Due to the amount, the council’s constitution required Cabinet to recommend approval of the funding to Council.
Cabinet supported the proposal, it being a good use of section 106 funds to provide a much-needed replacement facility for the local community.
RECOMMENDED to Council to:
(a) create a further budget for £596,757.66 towards a replacement sports pavilion at The Sports Field, Kingston Bagpuize from the accumulated section 106 contributions set out in the head of finance’s report to Cabinet on 4 February 2022;
(b) subject to Council agreeing (a) above, to authorise the head of finance, in consultation with the head of legal and democratic to:
(ii) approve the payment to Kingston Bagpuize with Southmoor Parish Council of up to £596,757.66 towards a replacement sports pavilion at The Sports Field, Kingston Bagpuize, subject to and in accordance with the funding agreement.