Issue - meetings

That:

1)        £154,000 of s106 money be released to improve bus services serving Mulberry Grove (Kentwood East) and £252,187 to support buses serving the Johnson & Johnson site in Wokingham Without; and

2)        the expenditure of £406,687 with a profile of: £45,846 in Year 1; £66,446 in Years 2, 3 and 4; £35,546 in Year 5; and £25,246 in Years 6 to 10, be approved.

The Executive considered a report setting out a proposal to release s106 money to improve bus services serving Mulberry Grove (Kentwood East) and to support buses serving the Johnson & Johnson site in Wokingham Without.

Members noted, as set out in the report, that the s106 money concerned had been “ring fenced” for improvements to bus services in the two areas above and if it was not utilised for these bus services then it would have to be given back to the relevant developers.

RESOLVED that:

1)        £154,000 of s106 money be released to improve bus services serving Mulberry Grove (Kentwood East) and £252,187 to support buses serving the Johnson & Johnson site in Wokingham Without; and

2)        the expenditure of £406,687 with a profile of: £45,846 in Year 1; £66,446 in Years 2, 3 and 4; £35,546 in Year 5; and £25,246 in Years 6 to 10, be approved.