Purpose

The Council has adopted the Bradford Community Infrastructure Levy (CIL), which has now been in place and applies to new development since July 2017. This report relates to the investment of the strategic CIL fund. The purpose of this report is to seek Executive approval for the investment of the CIL strategic fund collected 1st April 2024 to 31st March 2025.

Decision

Resolved –

(1)           That the Executive agreed the allocation of the CIL Strategic Fund as set out in Table 4 of Document “AH”, to be used to contribute to habitat mitigation, education and parks and green space projects, with a retained delegated fund for other local projects, as set out in Table 2 of Document “AH”.

(2)           That the decision on the spend of the CIL Delegated Fund in Table 2 of Document “AH” be delegated to the Strategic Director (Growth) in consultation with the Portfolio Holder, Strategic Director of Corporate Resources and the Director of Legal and Governance.

(3)           That any allocation from the Strategic Fund is allocated to assist in the funding of the schemes stated within Document “AH”. Updates on the programming and spend of the allocations to be provided twelve months from the date of allocation.

(4)           That if updates on the spend of allocations confirm the project has not started or a start date is not known, the allocation may be returned to the CIL delegated Fund for reallocation. The date for this return to be confirmed in consultation with the Strategic Director (Growth), the Strategic Director of Corporate Resources and Director of Legal and Governance.

(5)           That any expenditure plans following an allocation from the CIL Strategic Fund and CIL Delegated fund be subject to Legal and Finance approval to ensure full compliance with the CIL Regulations and corporate financial management.

To be actioned by: Strategic Director, Place (Growth)

Overview and Scrutiny Area: Regeneration & Environment

(Michala Bartle – 01274 432522)