Agenda, decisions and draft minutes

Venue: The Forum, Moat Lane, Towcester, Northants NN12 6AD

Contact: Richard Woods, Democratic and Elections  Email: democracy@cherwellandsouthnorthants.gov.uk, 01327 322043

Items
No. Item

46.

Declarations of Interest

Members are asked to declare any interest and the nature of that interest which they may have in any of the items under consideration at this meeting.

Minutes:

There were no declarations of interest.

47.

Minutes pdf icon PDF 61 KB

To confirm the Minutes of the meeting of the Committee held on 29 January 2020.

Minutes:

The minutes of the meeting of the Committee held on 29 January 2020 were agreed as a correct record and signed by the Chairman.

48.

Chairman's Announcements

To receive communications from the Chairman.

 

Minutes:

Through the Chair, the Executive Director – Finance advised Members that following the Budget on 11 March 2020, the Chancellor of the Exchequer had unveiled a package of measures designed to minimise the potential economic impacts of COVID-19, both nationally and locally.

 

The measures included the abolition of Business Rates for companies in the retail, leisure and hospitality sectors with a rateable value below £51k, along with an increase in Pub Rate Relief from £1k to £5k. The Executive Director – Finance advised Members that as a result of these measures, affected businesses needed to be re-billed.

 

49.

Urgent Business

The Chairman to advise whether they have agreed to any items of urgent business being admitted to the agenda.

Minutes:

There were no items of urgent business.

50.

Section 106 Update pdf icon PDF 65 KB

Report of the Assistant Director – Planning and Economy

 

Purpose of report

 

To update Members on the management of Section 106 developer contributions.

 

Recommendations

            

The meeting is recommended:

 

 1.1        To note the content of this report.

 

Additional documents:

Decision:

Resolved

 

(1)  That the contents of the report be noted.

 

Minutes:

The Committee considered a report from the Assistant Director – Planning and Economy which provided Members with an update on the management of Section 106 developer contributions.

 

In introducing the report, the Assistant Director – Planning and Economy explained that the amount of money held in S106 Developer Contributions was £5,772,460.91, with a total of £3,163,277.74 having been spent in the 2019/20 financial year to date on infrastructure projects within South Northamptonshire.

 

In response to questions from the Committee regarding the £584,610.70 in Section 106 contributions held by SNC on behalf of NHS England, the Assistant Director – Planning and Economy advised that Officers intended to engage with NHS England in order to raise additional awareness of Section 106 funding and to look at ways it could be utilised.

 

Resolved

 

(1)  That the contents of the report be noted.

 

51.

Review of Committee Work Plan

Verbal update from Officers on the Committee Work Plan for the 2020-21 municipal year.

Decision:

Resolved

 

(1)  That the verbal update be noted.

Minutes:

The Executive Director – Finance provided Members with a verbal update on the Committee Work Plan for the 2020/21 municipal year.

 

In response to questions from the Committee, the Executive Director – Finance outlined that with South Northamptonshire Council having recently set its final budget ahead of the transition into Unitary governance arrangements, it was likely that Budget and Financial Strategy Committee would experience a decrease in its workload during the 2020/21 municipal year.

 

The Executive Director – Finance advised that whilst the current schedule of meetings for Budget and Financial Strategy Committee would remain in place for the 2020/21 municipal year, meetings may be cancelled in the event of insufficient workload.

 

Resolved

 

(1)  That the verbal update be noted.