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Details
Business Item
Towns Fund - Capital Projects 2020/21
Date of Decision
Tue 7 Jul 2020
Description
Report of the Deputy Leader and Cabinet Member with responsibility for Economic Development
Matter for Decision (to consider...)
That Cabinet approves;-
(a) the acceptance of the £750,000 grant from Government.
(b) the use of the grant monies against the recommended priority projects detailed in this report.
(c) the reallocation of the money committed previously to the refurbishment of the East Point Pavilioned to a series of urgent regeneration works required by the Lowestoft Town Investment Plan, subject to a report on these proposals being presented to Cabinet in September.
Service Area
Economic Development & Regeneration
Service Area 2
Not Applicable
Background Papers:
Equality Impact Assessment
Is Decision District Wide
No
Decision Made
1. That the acceptance of the £750,000 grant from Government be approved.
2. That the use of the grant monies against the recommended priority projects detailed in the report be approved.
3. That the reallocation of the money committed previously to the refurbishment of the East Point Pavilion to a series of urgent regeneration works required by the Lowestoft Town Investment Plan be approved, subject to a report on these proposals being presented to Cabinet in September 2020.
Reason for Decision
Acceptance of the grant and spend against the identified priority projects will provide tangible improvements to Lowestoft and kick-start the towns fund investment. The projects will improve the physical environment of Lowestoft, helping to mitigate against some of the impacts of COVID-19.
The projects will provide a boost to the local economy, creating local direct employment. The delivery of these projects in a short timeframe will instil confidence in the community for an economic recovery post COVID-19 and provide assurance that future plans set out in the Town Investment Plan will be delivered.
Alternative Options Considered and Rejected
A number of capital projects sitting within the draft Town Investment Plan for Lowestoft were considered to be put forward for this grant, however, only the projects proposed within this paper were sufficiently developed to meet Government’s short timeframe for delivery.
Any Declarations of Interest Declared
None.
Any Dispensation Granted
None.
Decision Criteria
This Decision does not contain any decision criteria records.
Wards
Harbour and Normanston; Kirkley and Pakefield
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
This Decision does not contain any Overview and Scrutiny records.
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Decision History
| 07/07/2020 15:31:36 | Matt Makin | Business Item Created | |
| 07/07/2020 15:31:36 | Matt Makin | Committee Added | Cabinet |
| 07/07/2020 15:32:31 | Matt Makin | Ward Added | Harbour and Normanston |
| 07/07/2020 15:32:31 | Matt Makin | Ward Added | Kirkley and Pakefield |
| 07/07/2020 15:32:52 | | General Details Edited | Reference Number Generated (ES/0432) |
| 07/07/2020 15:32:52 | Matt Makin | Status Changed | Decision Scheduled [1] |
| 07/07/2020 16:11:14 | Matt Makin | Report Added | Document ID 6215: ES-0432 - Towns Fund Capital Projects Grant |
| 07/07/2020 16:13:00 | Matt Makin | Meeting Added | 07/07/2020 6:30PM |
| 08/07/2020 11:19:21 | Matt Makin | General Details Edited | |
| 08/07/2020 13:52:14 | Karen Cook | General Details Edited | |
Approval/Comments
No history found.