Issue - meetings

The Report of the Head of Economic Regeneration.

Presented by the Business and Regeneration Portfolio Holder.

The Business and Regeneration Portfolio Holder presented the report and highlighted what positive news the award of a £2.4 million Department of Levelling Up grant to the Council had been. He noted that the 15 projects earmarked for the grant would be carried out over the next two years and members thanked officers for their hard work in achieving this funding for the heart of the National Forest.

It was moved by Councillor T Gillard, seconded by Councillor K Merrie and

RESOLVED THAT

1. The £2,414, 817 grant and £20,000 of development grant from the UK Shared Prosperity Fund be accepted.
2. Authority be delegated to the Strategic Director (Place) in consultation with the Business and Regeneration Portfolio Holder to review and amend the North West Leicestershire Investment Plan Project Proposals set out in the report where required to respond and adapt to the changing economic environment and/or local needs.
3. Authority be delegated to the Section 151 Officer in consultation with the Business and Regeneration Portfolio Holder to submit the required formal reporting to the Department for Levelling Up, Housing and Communities.

Reason for decision: For Cabinet to review and approve the recommended delegations to oversee the delivery of the NWL UKSPF Investment Plan.