RESOLVED that Cabinet -
(a) approves the maximum allocation of £293,000 from the Additional Restrictions Grant Fund (ARG) to Essex County Council for the purposes of delivering the projects identified by the North Essex Economic Board (NEEB) on the terms and conditions, as set out in the Collaboration and Funding Agreement, attached as Appendix A to item A.5 of the Report of the Business & Economic Growth Portfolio Holder; and
(b) authorises the Portfolio Holder for Business & Economic Growth and the Portfolio Holder for Corporate Finance and Governance to agree future projects agreed by the NEEB that fall within this 10 percent of the District’s ARG funding.