LETTER: No recurrence of ‘botched’ West of Horsham’ deal
This article contains affiliate links. We may earn a small commission on items purchased through this article, but that does not affect our editorial judgement.
Unfortunately, the early signs are most worrying. In March 2014 HDC commissioned a viability assessment for the North Horsham site as part of its need to evaluate rates for the Community Infrastructure Levy (CIL). The figures produced showed this site funding total planning obligations (i.e. Section 106 plus CIL) of almost £66m.
Fast forward just eight months to the Hearings in November 2014 and we discover that this total has reduced to £50.5m, i.e. a reduction of almost £15.5m, 23.4 per cent.
Advertisement
Hide AdAdvertisement
Hide Ad