Decision details

LEVELLING UP FUND ROUND 2 BIDS

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

(1) That it be approved that three bids be submitted for LUF Round 2 as set out in section 2 of the report.

 

(2) That authority be delegated to the Corporate Director for Place, in consultation with the Executive Member for Economy and Regeneration, to develop and submit three bids to the Levelling Up Round 2 Fund as set out in section 2 of the report.

 

(3) That authority be delegated to the Corporate Director for Place to accept grant offers the Council receives in the event any of the bids are successful.

 

(4) That the Director of Legal and Governance be authorised to finalise and enter into all legal agreements required to implement the above decisions.

Reasons for the decision:

The recommendations are aimed at securing funding to deliver key projects that meet the Corporate Priorities of the Council and if successful, will realise significant additional funding for the borough to benefit of residents, businesses and visitors.

Alternative options considered:

The three proposed bids have been considered as key to meeting Corporate Priorities and local need, and in meeting the government’s themes and guidance for LUF Round 2. As a result of the good fit with the funding’s criteria and limited time available to develop the bids, other options have not been considered.

Publication date: 21/06/2022

Date of decision: 20/06/2022

Decided at meeting: 20/06/2022 - Executive

Date comes into force if not called in: 29/06/2022

Call-in deadline date: 28/06/2022

Current call-in Count: 0

Accompanying Documents: