Almost half a million pounds in planning application funds are to be reinvested into community projects across Liverpool.
New documents have shown how almost £420,000 in section 106 agreements funds are to be reallocated to a series of developments throughout the city. Section 106 agreements, also known as planning obligations, are legal agreements made between councils and developers as part of the planning process.
A total of four projects will receive cash, while a further £280,000 will be redistributed to a further five previously approved schemes from a 200-bed apartment development in Liverpool 1.
Section 106 agreements are used to limit the impacts of new development and to make development acceptable in planning terms, in line with council and UK government planning policy.
Almost £140,000 will go towards schemes including the further development of Everton Park cycle track, CCTV around Anfield stadium, the installation of bollards along Hattons Lane in Childwall and improving pedestrian accessibility on Boundary Lane in L6.
After being approved in 2018, it was deemed £280,000 would be required as part of a section 106 agreement for a development block at Blundell Street, Kitchen Street and Simpson Street. Under a new plan, this will be reinvested into a further five schemes across Liverpool.
This incorporates £117,000 being pumped into Cathedral Gardens, with an additional £80,000 going towards tree planting in the Baltic area of the city. Another £45,000 will go towards Cleveland Square with the remaining £37,000 to be used to fund additional budget for either Argyle Street or Cleveland St green spaces.
The report said, “In line with the community infrastructure regulations the city council will use section 106 contributions to mitigate the impacts new development will have on local amenities. The four proposed projects set out within this report align with four of the pillars within the Council Plan.”
It added, “The alternative option considered, rather than to allocate section 106 contributions towards the projects set out in the report, is to do nothing. Should section 106 contributions not be allocated towards the projects outlined, they may not be delivered unless an alternative budget could be secured, or a scheme of a lesser quality could be implemented with the reduced budgets available.
“As section 106 contributions are restrictive in use and often time limited, the council would then need to identify suitable alternative projects towards which the section contributions could be invested.”