Developers to fork out £125m for roads and schoolsBy Hugh Fort
June 18, 2012
More than £125 million to fund new schools, roads, parks and libraries will be gathered from developers building more than 10,000 new homes in the borough.
Bracknell Forest Council has given its approval for a Community Infrastructure Levy plan to go out to public consultation.
The document needs to be in place to ensure money is received from developers building in the borough.
The cash will be used to provide the necessary infrastructure in and around developments, such as a new secondary school to the north of the borough, roads and community facilities.
The scheme was introduced by the previous Government and will be the main source of money available to councils from developers.
The existing section 106 scheme which currently funds infrastructure improvements, will still exist, but now only be used to fund smaller improvements.
The council agreed the plan to go out to consultation on Tuesday, after it was approved by the authority’s executive committee.
Bev Hindle, the council’s chief officer for planning and transport, said the next stage would be some tough talks with developers over what the council should charge for infrastructure improvements.
The council’s Site Allocation Development Plan Document proposes 10,780 new homes be built by 2026. If it is approved later this year by a Government inspector, the council estimates around £16.3 million will be needed for the new road network, as well as £6 million for public transport.
It is also thought £26 million would be needed for primary education, £28 million for secondary education and £11,600 for special education.
The council is looking for a total of £126.2 million to fund improvements. The council is looking to charge developers more to build in areas like Warfield.
Its draft plans propose no charge for building in inner Bracknell, £25 per square metre in outer Bracknell around the town centre, £150 per square metre in Crowthorne and Sandhurst and £220 per square metre in Binfield, Warfield and Ascot.
Mr Hindle told the executive these figures could well change after the consultation.
Councillor Dale Birch, executive member for adult social care and housing, said: “We need to be well ahead. We as a council will need to have a strong say in how infrastructure is funded at the time of any applications.”
Cllr Gareth Barnard, executive member for children’s services, added: “Developers may well cry hard times, but it is important we maximise the funding available to us to provide the best infrastructure around any new developments.”