Decision details

This report seeks to gain approval from the Executive for the allocation of Strategic CIL funding to the projects recommended for funding by the CIL Executive Working Group in relation to the Strategic CIL Bidding Cycle 2023/24.

The Executive RESOLVED:

                 I.          To approve the allocation of Strategic CIL funding to the projects as set out in paragraph 7.24 of this report in the following areas:

a.     Farnham (CIL Bid reference: 3; 7 & 11)

b.     Cranleigh (CIL Bid reference: 12 &22)

c.     Godalming (CIL bid reference: 4 & 13)

d.     Haslemere (CIL bid reference 8)

e.     Other (14 & 16)

Subject to the completion of the final relevant checks and the signing of funding agreements, the details of which are delegated to the Strategic Director in consultation with the Portfolio Holder for Housing (Delivery).

The Executive RESOLVED to RECOMMEND to Council:

                 I.          To award £3,253,726.00 CIL funding to Surrey County Council for the Farnham Infrastructure Programme (Town Centre Improvement Scheme) to Council (CIL Bid reference 3), split equally across the financial year 2023/24 and 2024/25 (£1,626,863.00).