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Cornwall Council Section 106 Agreement

Cornwall Council Section 106 Agreement

Cornwall Council Section 106 Agreement: What You Need to Know

If you`re looking to develop property in Cornwall, or are interested in doing business in the area, you may have heard of the Cornwall Council Section 106 Agreement. But what exactly is it, and how does it affect you?

In simple terms, a Section 106 Agreement – also known as a planning obligation – is a legal agreement between a developer and a local planning authority. It`s designed to mitigate the impact of a development on the surrounding area, and often includes provisions for affordable housing, infrastructure improvements, and environmental measures.

In the case of Cornwall Council, Section 106 Agreements are used to support the sustainable development of the county. They`re intended to address the needs of local communities, and ensure that new development contributes positively to the economy and environment.

So, if you`re planning to develop property in Cornwall, you`ll need to be aware of the requirements of the Section 106 Agreement. This may involve contributing to the cost of local infrastructure projects, such as roads and schools, or providing affordable housing units as part of your development.

It`s important to note that the Cornwall Council Section 106 Agreement is legally binding, and breaches of the agreement can result in fines or other sanctions. As such, it`s essential to work closely with the local planning authority to ensure that your development meets the requirements of the agreement.

One of the key benefits of the Section 106 Agreement is that it allows developers to build relationships with local communities and stakeholders. By engaging in dialogue with these groups, developers can gain a better understanding of the needs and concerns of the local area, and ensure that their development has a positive impact.

Overall, the Cornwall Council Section 106 Agreement is an important tool in promoting sustainable development in the county. By working closely with local planning authorities and communities, developers can ensure that their projects meet the needs of the area, and contribute to the economic and social wellbeing of Cornwall as a whole.

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