Decision details

ACCEPTANCE OF BUSINESS RATE POOL GRANT FUNDS

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To accept Business Rate Pool funding which was applied for in September 2019.

Decision:

(1)  Cabinet APPROVED acceptance of the following revenue fund grants funding:

 

a.            £100,000 revenue fund for Food Enterprise Centre Stage 2 - building upon evidence case

 

b.            £100,000 revenue fund for  the Provision of Melton Borough 

Health and Leisure Park Stage 1 - project development phase;

 

(2)  Cabinet Approved acceptance of  the conditional offer of £500,000 capital fund grant for the Development of Council owned sites and NOTED that Cabinet and Council approval for inclusion in the capital programme and release of funding would be sought following the preparation of a detailed business case;

 

(3)  Cabinet ACKNOWLEDGED the conditional offer of £2m large capital fund grant for Melton Borough Health and Leisure Park and NOTED that Cabinet and Council approval would be sought following the preparation of a detailed business case;

 

(4)  Cabinet DELEGATED authority to the Director for Growth and Regeneration to appoint consultants to prepare relevant information required to meet the grant conditions using the grant and match funding.

Publication date: 23/04/2020

Date of decision: 22/04/2020

Decided at meeting: 22/04/2020 - Cabinet

Effective from: 29/04/2020

Accompanying Documents: