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How Barnet Council spends £ 79million on developers UK News

Barnet advisers have approved nearly £ 79million in funding for projects due to take place over the next five years.

The money will be used to finance infrastructure such as roads, recreational facilities, open spaces and video surveillance.

It will be collected through the Community Infrastructure Levy (CIL) – a fee imposed by local authorities on developments to finance infrastructure in their region.

Barnet’s board is expected to benefit from an increase in CIL revenue after advisers agreed to increase some of the charges at a policy and resources committee meeting in May.

Most of the money – £ 26.6million – has been earmarked for parks and open spaces, including a sports center at West Hendon Playing Fields. An additional £ 23.5million is expected to be earmarked for city center projects in areas such as North Finchley, Edgware, Colindale and Chipping Barnet.

Transport programs are online for £ 22million, with £ 1million earmarked to create healthier routes to schools. Air quality monitoring stations are planned for an investment of £ 27,000. A plan to boost CCTV infrastructure and coverage is expected to benefit from £ 300,000.

The proposed use of the £ 79million was approved by advisers at a meeting of the Policy and Resources Committee on Tuesday, July 20. During the meeting, Cllr Geof Cooke of Labor questioned the use of the £ 16million earmarked for a new waste dump site, which will not be funded by CIL money. A city official revealed that the plan was to create a single repository, which would save the authority money.

But Cllr Cooke said the council previously had only one depot at Mill Hill, which it sold and then spent the money to build a new depot at Oakleigh Road, New Southgate, as well as paying the Harrow council. to operate from one of its facilities.

Council chief and committee chairman Cllr Dan Thomas said the Mill Hill depot was used to provide housing, while his Conservative colleague Cllr Peter Zinkin said the authority was able to acquire land around the Oakleigh Road site that would allow him to “create something out there”, but did not provide further details.

At the end of the debate, the committee voted unanimously to approve the financing of the CIL.

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Source: www.times-series.co.uk
This notice was published: 2021-07-26 11:49:32

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