Issue - meetings

The Report of the Head of Community Services.

Presented by the Community Services Portfolio Holder.

The Community Services Portfolio Holder presented the report and outlined the investments and grants which had been made from various organisations towards the Kegworth Public Realm Project. It was noted that a funding contract has now been prepared and would need to be formally agreed and accepted by Cabinet in order to benefit from the Leicester and Leicestershire Enterprise Partnership (LLEP) grant.

It was moved by Councillor A Woodman, seconded by Councillor R Blunt and

RESOLVED THAT:

1.       The £500,00 grant from LLEP business rates pool funding be accepted.

2.       The available budget of £786,587 to be added to the Capital Programme Development Pool and agreed at Council in February 2023 as part of the budget be approved.

3.       The Head of Property and Regeneration be delegated authority to  spend the LLEP £500,000 grant on Kegworth Project works and to enter into any necessary agreements to proceed with the project.

Reason for decision: Acceptance of LLEP grant funding requires Cabinet approval.