Issue - meetings

The report of the Strategic Director of Place

Presented by the Business and Regeneration Portfolio Holder

The Business and Regeneration Portfolio Holder presented the report.

A Member welcomed the ongoing and planned work at Moira Furnace and the restoration of Ashby Canal.

The Chair also welcomed the work at Moira Furnace and commended the continuation of the UKSPF funding stream.

It was moved by Councillor T Gillard, seconded by Councillor A Woodman, and

RESOLVED THAT:

1.    The £789,998 grant from the UK Shared Prosperity Fund 2025/26 be accepted.

2.    The UKSPF funded projects set out in the report be approved.

3.    Authority be delegated to the Strategic Director of Place, in consultation with the Business and Regeneration Portfolio Holder, to review and amend the project proposals set out in this report where required to respond and adapt to the changing economic environment and/or local needs.

4.    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 Ministry of Housing, Communities and Local Government.

5. It be recommended to Council, at its meeting on 13 May that £145,859 be added to the Council’s Capital Programme for delivery of the UKSPF 2025/26 Programme.

Reason for decision: For Cabinet to provide feedback on, and approve the proposed UKSPF 2025/26 award projects.

For Cabinet to review and approve the recommended delegations to oversee the delivery of the UKSPF 2025/26 award.