Decision details

The Cabinet considered a report of the Executive Director of Place/ Deputy Chief Executive which was requesting approval of the publication of Oldham’s Infrastructure Funding Statement 2024/25.

As required under the 2019 revised Community Infrastructure Levy (CIL) Regulations the Council had prepared an Infrastructure Funding Statement (IFS) for the monitoring period 2024/25. The IFS provided a summary of the financial contributions the Council has secured through Section 106 (s106) agreements from new developments for off-site infrastructure works and affordable housing, in addition to highway works completed as part of new developments through Section 278 (s278) agreements.

Options/Alternatives considered:

Option 1 (preferred Option) – To approve the Infrastructure Funding Statement (IFS) 2024/25 for publication on the Council’s website and send it to the Ministry of Housing, Communities and Local Government.

Option 2 – To not approve the Infrastructure Funding Statement (IFS) 2024/25 and not publish it on the Council’s website and not send it to Ministry of Housing, Communities and Local Government.

Resolved:
that the Cabinet approves the Oldham Infrastructure Funding Statement 2024/25 for publication.