Proposal:                   Vary the existing S106 agreement ref 221130 as follows:

Affordable Housing: To secure 30% of the dwellings on-site as affordable housing as shown on the Affordable Housing Plan 092102-BEL-TV-04 revision G dated 12 September 2024 to be annexed to the agreement and consisting of sixteen units (five one-bedroom flats, four two-bedroom flats and seven three-bedroom houses), all to be let at Reading Affordable Rent tenure. The seven houses to be delivered prior to first occupation of the 11th market dwelling, and the remaining nine affordable flats to be delivered prior to first occupation of the 26th market dwelling. To be secured as such in perpetuity.

Recommendation:   Approve variation to S106

Vary the existing S106 agreement ref 221130 as follows:

Affordable Housing: To secure 30% of the dwellings on-site as affordable housing as shown on the Affordable Housing Plan 092102-BEL-TV-04 revision G dated 12 September 2024 to be annexed to the agreement and consisting of sixteen units (five one-bedroom flats, four two-bedroom flats and seven three-bedroom houses), all to be let at Reading Affordable Rent tenure. The seven houses to be delivered prior to first occupation of the 11th market dwelling, and the remaining nine affordable flats to be delivered prior to first occupation of the 26th market dwelling. To be secured as such in perpetuity.

The Committee considered a report on the above application.

Comments were received and considered.

Resolved –

That the Assistant Director of Legal and Democratic Services be authorised to agree a Deed of Variation to the S106 Legal Agreement associated with planning permission 221130 as recommended in the report.