Decision details

RESOLVED:

KEY DECISION

That the Executive:

a)       Delegated to the Executive Member for Growth & Regeneration; in consultation with the Executive Members for Highways, Travel and Assets; Sport, Leisure Culture & Tourism; Housing, Communities & Levelling Up; and Climate and the Green Environment, the Executive Director of Finance and the Executive Director of Place and Economy authority to submit a bid/s to the Levelling Up Fund Round 2 by noon on 6^th July 2022.

Reason for Recommendations – The submitted bid(s), if approved will unlock the funding for the identified projects and deliver significant benefits to the area. If funding is secured each project will commence as soon as possible with spend expected in the 2022/2023 financial year.

Alternative Options Considered – The only alternative option would be to not submit the bids for the projects identified. The consequences of this would be that there was no possibility of any funding from the Levelling Up Round 2 fund.