Decision Details

Implemented

Towns Fund - Capital Projects 2020/21

ES/0432

Yes

Committee

Cabinet

Tue 7 Jul 2020

Yes

Report of the Deputy Leader and Cabinet Member with responsibility for Economic Development

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.

Economic Development & Regeneration

Not Applicable

Andrew Jarvis

Strategic Director

andrew.jarvis@eastsuffolk.gov.uk

Equality Impact Assessment

No

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.

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.

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.

None.

None.