Section 106 funding is an agreement entered into between the local council and a property developer. This agreement requires the developer to provide a specific amount of funding for the improvement/implementation of community amenities. There are certain restrictions that stipulate which type of redevelopment is subject to a S106 agreement (eg student accommodation and hotels are not subject to S106 agreements and therefore there is no funding available from this type of development).
Redevelopment within St.David's resulted in a S106 funding provision of £60,000 for improving community facilities. Not unreasonably, I believe, it was anticipated that Looe Road Park would receive at least a share of this funding, given the desperate need for improvements.
The majority, if not all, of the £60,000 was spent on another park (Bury Meadow). I had discussed this matter with CF/SDNP, prior to the expenditure, and she assured me that, "she would deal with it because she knew who was responsible, and she saw no reason why they (Bury Meadow Park) should have this money, they're not even in St.David's". Our community was misled again by CF/SDNP and we received nothing.
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