Issue - meetings
Commuted Sum Policy
Meeting: 16/08/2012 - Cabinet (Item 41)
41 Commuted Sum Adopted Practice for Additional Highway Maintenance Liabilities 
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Report of the Director of Built Environment
Minutes:
The Cabinet considered the report of the Director of Built Environment on a proposed adopted practice for securing commuted sums from developers through Section 38/278 legal agreements to fund future highway maintenance liabilities which result from the impact of new developments.
This was a Key Decision and was included in the Council’s Forward Plan of Key Decisions.
RESOLVED:
That the proposed adopted practice of securing commuted sums from developers through Section 38/278 legal agreements to fund future highway maintenance liabilities which result from the impact of new developments be approved and this be carried out in line with the advice and principles set out in the ADEPT (former County Surveyors Society) guidance document “Commuted sums for maintaining infrastructure assets”, with information provided by the Sefton Transport Asset Management Plan being used to justify commuted sum charges.