In the 12 months between 1 April 2016 and 31 March 2017 a total of 23 planning permissions have been granted which have been subject to S106 agreements.
Once received, this money will be spent on public transport, walking and cycling, educational facilities, open spaces, children’s play areas and improvements to community facilities near development sites.
The Council also secured “in kind” obligations, which developers will be required to deliver on-site, such as the implementation of public open space, affordable housing and public art.
During the same period £1.4m was spent on S106 schemes across the Vale.
These included the Port Road Footway/Cycle Scheme in Barry, the Plassey Square play area improvements in Penarth, nursery provision at Gwenfo Primary School and the purchase of equipment for Murchfield Community Centre in Dinas Powys and Heol Llidiard Community Hall in Llangan.
At the same time a total of 217 new build affordable housing units were built by developers as a result of S106 agreements and were made available to local residents who would not otherwise have been able to afford housing on the open market.
“Section 106 agreements are agreed in order to address the impact of housing developments and in many cases to help improve the schemes themselves.
“In recent years the Vale has developed a very effective approach to maximising the contributions required from developers and pooling this money to fund schemes that make a big difference.
“Only last month it was announced that a new village hall will be built in Ogmore by Sea thanks to £287,000 of S106 funding. This is an approach that works and one that we will continue to use to improve and develop facilities across the county.” – Cllr Jonathan Bird, Cabinet Member for Regeneration and Planning.