View planning application contributions

Below is a list of all the developer contributions agreed to make this planning application acceptable.

Planning application details

Local Authority Coventry City Council
Planning application ref OUT/2013/0041
Planning application url http://planning.coventry.gov.uk/portal/servlets/AttachmentShowServlet?ImageName=1065301
Agreement url http://planning.coventry.gov.uk/portal/servlets/AttachmentShowServlet?ImageName=1065301
Date signed 2013-04-11

Contributions

Contribution 1

Type
Financial Contribution
Category
Education
Obligation
To pay to the Council the sum of £837,535 towards the cost of providing expanding or improving education facilities (which may include the purchase and improvement of land and buildings) within North Coventry as follows: 1.1.1 £150,000 prior to the Commencement of Development in respect of the residential development comprised in the Development; 1.1.2 £343,767.50 on or prior to the first Occupation of 87 Dwellings constructed as part of the Development; 1.1.3 £343,767.50 on or prior to the first Occupation of 263 Dwellings constructed as part of the Development.
Value
£837,535

Contribution 2

Type
In-Kind Delivery
Category
Affordable Housing
Obligation
As soon as is reasonably practicable after the date of this deed but in any event not less than 3 months prior to the Commencement of Development the Owner, after having consulted with the Council in accordance with paragraph 2.2 of this Schedule shall submit to the Council for its formal written approval an Affordable Housing Scheme (to be set out in an Affordable Housing Scheme Document) which provides that 20% of the total number of Dwellings comprised in the Development will be provided as Affordable Housing split in the proportions 10% Social Rented Housing and 10% Intermediate Housing and taking into account the requirements set out in the remainder of this Schedule and Appendices 3 to 5 regarding the indicative mix of Affordable Housing Units, delivery of the Affordable Housing and the Council's list of Preferred Registered Providers respectively
Value