Section 106: Car Clubs
Car clubs associated with new developments are generally secured through a Section 106 agreement which is an agreement between the developer and a LPA detailing financial measures that the developer agrees to undertake to often reduce the developmentās impact on the surrounding area. The agreement aims to obtain concessions and contributions from the developer in return for planning consent.
Typically, Section 106 agreements relating to car clubs involve one or more of the following;
- A set amount per unit to support the costs of the car club operation.
And/or
- A set amount for vehicle bays/signage.
And/or
- Funds to offer incentives to promote the car club such as free membership for an initial period.
To find out more, get in touch with David Lang, UK Locations Manager.