Please see below a message from Cllr Thackeray outlining the motion voted by the Council after LJAG pushed for the ‘section 106’ money (compulsory percenta ge for local communities when a big development is built) for 116-120 Coldharbour Lane (former car boot sale car park) to be given back to the LJ area and people, including primary schools and public realm.
Section 106 Agreements *Substantive Motion carried 20 Jan 2010
*Councillor Rebecca Thackray*
Council resolves to work to mitigate against any adverse impact of the proposed housing development at 116-120 Coldharbour Lane SE5 by way of a ‘Section 106’ legal agreement.
Council further resolves to improve the Loughborough Junction area with sensitive planning and effective use of the Section 106 funds and will consult community groups and residents’ associations to ensure that their wishes are properly taken into account.
*Amendment 1 – Councillor Jim Dickson*
In addition Council notes the s106 contribution of more than £400,000 due for investment in schools, transport and public realm for the Loughborough Junction area as a result of this development as well as new affordable homes for local residents. It acknowledges that officers and local councillors are already working closely with local residents including the Loughborough Junction Action Group in order to ensure that maximum benefit for the neighbourhood is derived from the development.
Finally council notes the work being undertaken by officers, members and residents to create a project bank for the area so that this and future developments support the priorities and aspirations of local people.
For 47 Against 7 Abstentions 0