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Old 22-08-2011, 12:40   #241
Gayle
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Re: Town Centre Changes

Quote:
Originally Posted by garinda View Post
Tesco, wind farms.

If only the Panopticon had attached a million pound 'gift' with their proposal, we'd have a lovely art work a' top the Coppice today.

Seems our council's a bit of a whore.

Stick a few notes down it's g-string, and your wishes will be their command.

Every major build anywhere in the country has also got to contribute money to the local council. It's called 106 money (presumably because that's the standard clause in the contract). This has to be (if memory serves me correctly which someone in the council could probably verify for me) 1% of the cost of the build. This money goes to the council and can be used for anything but is most commonly used to 'decorate' (for want of a better word) the area around the new build i.e. tree planting, grass verges, artwork, fixing up nearby buildings, road alterations etc.

It's not just Tesco that has to pay it, it's a condition of any big build up and down the country.
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