Re: Objections by 29th September Please! : Mon Sep 10, 2018 11:39 am  

Droopy wrote:

As the site is now being developed piecemeal through separate full planning applications, rather than under the auspices of Outline planning permission ref. 10/00225/OUT, it is considered to be fair and reasonable for each development which comes forward to contribute proportionately to a fund for the delivery of the new Community Stadium.

Good spot Droopy!

The above excerpt is massive - effectively putting YC on notice that WMDC will no longer allow them to duck around the obligation by submitting separate applications; and requiring them to sign up to a properly enforceable s106 agreement - exactly as Mr Box outlined some months ago.

What's less encouraging, is the funding formula - at that rate, the site could be filled with smaller developments, and there never be enough in the pot to build anything like what was promised.

Re: Objections by 29th September Please! : Mon Sep 10, 2018 11:40 am  

The Devil's Advocate wrote:

No I’m not a planning expert, but I would have thought the application is a stand-alone matter & nothing to do with gross injustices that has been allowed to happen over the years.

Not any more!

Re: Objections by 29th September Please! : Mon Sep 10, 2018 11:42 am  

bren2k wrote:

Good spot Droopy!

The above excerpt is massive - effectively putting YC on notice that WMDC will no longer allow them to duck around the obligation by submitting separate applications; and requiring them to sign up to a properly enforceable s106 agreement - exactly as Mr Box outlined some months ago.

What's less encouraging, is the funding formula - at that rate, the site could be filled with smaller developments, and there never be enough in the pot to build anything like what was promised.

I was thinking the same, whilst it is a step in the right direction, the amount of payable is a drop in the ocean.

On the other hand, this particular planning app is for a relatively small unit. I would like to know how much £££ the Newcold development would have generated using the funding formula!

Re: Objections by 29th September Please! : Mon Sep 10, 2018 11:56 am  

Droopy wrote:

I was thinking the same, whilst it is a step in the right direction, the amount of payable is a drop in the ocean.

On the other hand, this particular planning app is for a relatively small unit. I would like to know how much £££ the Newcold development would have generated using the funding formula!

I can't work out what Newcold would have contributed, because I can't recall the square footage, but my rough workings out suggest that if Mr Eaglestone's formula were applied to the whole site, it would yield £19.6 million - so as piffling as this small development is, it does look like the formula has been created in such a way as to properly fund the originally proposed stadium and facilities in full.

I won't get too excited though - it will be years before that happens, if at all.

Re: Objections by 29th September Please! : Mon Sep 10, 2018 11:59 am  

Droopy wrote:

I was thinking the same, whilst it is a step in the right direction, the amount of payable is a drop in the ocean.

On the other hand, this particular planning app is for a relatively small unit. I would like to know how much £££ the Newcold development would have generated using the funding formula!

Seen the letter Droopy and are on with it.

It a load of cobblers. Firstly they can’t even get the formula right. Using their formula we would get £545m, think that is unlikely and even if they don’t spot it think Yorkcourt will.

Using their approach is unlikely to produce the funding required in my lifetime and I know I’m an old sod but not that old.

We will be issuing an addendum to the objections in due course.

Re: Objections by 29th September Please! : Mon Sep 10, 2018 11:59 am  

bren2k wrote:

I can't work out what Newcold would have contributed, because I can't recall the square footage, but my rough workings out suggest that if Mr Eaglestone's formula were applied to the whole site, it would yield £19.6 million - so as piffling as this small development is, it does look like the formula has been created in such a way as to properly fund the originally proposed stadium and facilities in full.

I won't get too excited though - it will be years before that happens, if at all.

Another way to think about it...how much would a re-development of Belle Vue cost?

Re: Objections by 29th September Please! : Mon Sep 10, 2018 12:03 pm  

Sandal Cat wrote:

Using their formula we would get £545m

How are you working that out SC - one of us is doing our sums wrong, and it's very likely to be me!

Re: Objections by 29th September Please! : Mon Sep 10, 2018 12:12 pm  

bren2k wrote:

How are you working that out SC - one of us is doing our sums wrong, and it's very likely to be me!

I work it out the same as Sandal Cat! Sssshh, dont tell anyone!

Re: Objections by 29th September Please! : Mon Sep 10, 2018 12:24 pm  

bren2k wrote:

How are you working that out SC - one of us is doing our sums wrong, and it's very likely to be me!

C = (T/F) * S

C = 171,000/6,000 * £19m

C = £541.5m

The formula should be

C = (F/T) * S

C = 6,000/171,000 * £19m

C = £0.67m

If you put Newcold back in C = £5m

We will be many, many years to get the £19m and without Newcold probably never.

Re: Objections by 29th September Please! : Mon Sep 10, 2018 12:25 pm  

Droopy wrote:

I work it out the same as Sandal Cat! Sssshh, dont tell anyone!

Then I defer - it was a very simplistic back of the fag packet kind of approach in an attempt to look clever; I'm big enough to admit it, rather than going back and editing out my duncery!