Issue - meetings
Northwick Park, One Public Estate – CIL Allocation
Meeting: 12/01/2021 - Cabinet (Item 12)
12 Northwick Park, One Public Estate – CIL Allocation PDF 110 KB
This report seeks approval to delegate authority to the Strategic Director of Regeneration and Environment to allocate Community Infrastructure Levy (CIL) funding to enable the construction of a new spine road for the Northwick Park One Public Estate development.
Additional documents:
- 12a. Appendix 1 Proposed Highway Plan, item 12 PDF 3 MB
- 12b. Appendix 2 - Cover Sheet, item 12 PDF 60 KB
- 12b. EXEMPT - Appendix 2 Northwick Park HIF Cashflows , View reasons restricted (12/4)
Decision:
Cabinet RESOLVED to delegate authority to the Strategic Director of Regeneration & Environment in consultation with the Lead Member for Environment, the Lead Member for Planning, Property and Regeneration and the Director of Finance to allocate £10m of Community Infrastructure Levy funding to allow the construction of the new One Public Estate Spine/Access road at Northwick Park.
Minutes:
Councillor Tatler, Lead Member for Regeneration, Property and Planning, introduced a report seeking approval to delegate authority for the allocation of Community Infrastructure Levy (CIL) funding to enable the construction of a new spine road for the Northwick Park One Public Estate (OPE) development.
Members noted that the regeneration of the adjacent landholdings at Northwick Park was a joint venture with London Northwest NHS Health Authority (LNWNHS), University of Westminster and Network Homes Ltd which expected to see over 1,600 homes built. Construction of the spine road was an important enabling work for the wider regeneration project. In recognising the benefits arising from the scheme, members were advised that the £10 million CIL contribution being sought was to ensure timely progression of the road design, procurement and delivery in order to cash flow it through to completion. The CIL would then be replenished by the Housing Infrastructure Fund (HIF) grant during the project programme period with the overall financial impact therefore expected to be net neutral.
Members supported the recommendation contained in the report and thanked officers and developers for their work on the project so far. It was noted that the spine road construction was a vital step in enabling the wider OPE development.
In considering the recommendation, Cabinet noted the information provided within the exempt appendices accompanying the report.
It was RESOLVED that Cabinet delegate authority to the Strategic Director of Regeneration & Environment in consultation with the Lead Member for Environment, the Lead Member for Planning, Property and Regeneration and the Director of Finance to allocate £10m of Community Infrastructure Levy funding to allow the construction of the new One Public Estate Spine/Access road at Northwick Park.