The Council, which launched a consultation on its PDCS last week, has proposed that residential developments across the district will be subject to a CIL rate of £120 per square metre.
The Council said that its viability assessment had recommended a charge of between £120 and £150 per sq m and that it had shown some areas to be capable of achieving a rate of £250 per sq m. However, it said that it had proposed the lower rate of £120 per sq m as the District has a "relatively modest" funding gap. It also said this rate ensured the delivery of its Core Strategy was not compromised.
For convenience retail developments, the proposed rate set out in the PDCS is £100 per sq m. A proposed zero rate levy will apply to comparison retail developments. The Council said its viability assessment had shown that convenience retail would be capable of absorbing a CIL rate of £150 and that the proposed £100 rate allowed a "sufficient buffer" below the maximum rate.
Office developments and all other uses are proposed to be subject to a zero rate levy.
The consultation will be open until 22 April. The Council said it anticipates to adopt CIL in April 2014.
