Section 106 agreement Devon, also known as the planning obligation, is a legal agreement between a developer and the local planning authority. This agreement requires the developer to provide certain benefits or payments in connection with the development. These benefits may include affordable housing, public open space, or contributions towards community facilities.
The purpose of a Section 106 agreement is to mitigate the impact of new developments on the local community. This agreement ensures that developers provide necessary support towards the local infrastructure, amenities, and services.
In Devon, Section 106 agreements are a common feature of the planning process. Developers must negotiate with the local planning authority to agree on the terms of the agreement. The agreement is then legally binding and must be fulfilled before the development is completed.
A Section 106 agreement is a critical document for developers looking to build in Devon. Failure to comply with the agreement can result in legal action by the local planning authority, which can result in significant fines and delays to the project.
One of the key benefits of a Section 106 agreement is the provision of affordable housing. Developers in Devon are required to provide a certain percentage of affordable housing within their developments. This ensures that people on lower incomes can access housing in areas where they may not otherwise be able to afford.
Another benefit of Section 106 agreements is the provision of public open space. Developers are required to provide public areas for recreation, such as parks or green spaces, which can be used by the local community.
Overall, Section 106 agreements are a crucial part of the planning process in Devon. They ensure that developers provide necessary support towards the local infrastructure, amenities, and services. With these agreements in place, new developments can benefit both the developer and the local community.