Funding transport improvements: Lambeth and Wandsworth

Meeting: 
MQT on 2009-10-14
Session date: 
October 14, 2009
Reference: 
2009/3046
Question By: 
Caroline Pidgeon
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

You have consistently expressed support for localism within London and equal partnership between the London Boroughs and the Greater London Authority. Will you therefore be willing to clarify whether Section 106 and Community Infrastructure Levy revenues from Bondway Tower in Vauxhall and the re-development of the Battersea and Nine Elms area will go towards Crossrail or towards funding vital local improvement projects in Lambeth and Wandsworth such as the Northern Line extension from Kennington to Battersea via Vauxhall?

Answer

Answer for Funding transport improvements: Lambeth and Wandsworth

Answer for Funding transport improvements: Lambeth and Wandsworth

Answered By: 
The Mayor

The consultation on the draft London Plan Alterations (Use of Planning Obligations in the Funding of Crossrail) and associated draft Crossrail Supplementary Planning Guidance (SPG) indicated that further consideration would be given to whether some places at the margins of the central London charging area should be exempted in whole or in part from the standard charge in circumstances where an overriding need to fund another piece of strategic transport infrastructure can be demonstrated.

In view of the need for significant investment in public transport infrastructure in the Vauxhall Nine Elms Battersea (VNEB) Opportunity Area in order to maximise the area's development potential, section 106 contributions could be collected for funding the extension of the Northern Line as set out in the draft London Plan Review and the draft Vauxhall Nine Elms Battersea Opportunity Area Planning Framework.

If this is the agreed approach then an alternative tariff mechanism would need to be in place, with contributions pooled in order to finance implementation of agreed projects in the local area, including major transport schemes. Research is currently underway to determine the appropriate amount which should be sought based on the likely costs of infrastructure provision to support the proposed levels of development. Until these issues are resolved, contributions to Crossrail will continue to be sought in accordance with the current draft Supplementary Planning Guidance. It has been made clear to the boroughs and developers that if these monies do not go towards Crossrail then they will be redirected towards other strategic transport infrastructure.