Decision details

Decision Maker: Assistant Director (Economic Growth & Leisure)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

A decision is required by the Council to accept grant funding to the value of £1,972,000. The grant was awarded following the Council's successful application to a process initiated by MHCLG. This grant funding and subsequent project will form part of the Council’s Back to Business agenda in supporting the local economy.

Decision:

To accept a SELEP Grant to the value of £1,972,000.
Further Information:
The money will be used to construct 13 affordable rent business units offering a total of 9,500sq.ft. lettable area and a covered local market of 10 affordable pitches. A further decision will be published outlining the use in due course.

Alternative options considered:

Option 1 - accept grant funding

Publication date: 01/12/2020

Date of decision: 01/12/2020