Issue - meetings

Investment Funds Evaluation Panel outcome and feedback

Meeting: 10/09/2020 - Cabinet (Item 7)

7 Revenue Investment Funds 2020/21 Quarter 1 Report pdf icon PDF 226 KB

 

The schemes detailed in this paper are all part of the Economic Recovery Programme.  Subject to Cabinet’s decision five projects will be funded from the Place Shaping and Capital Feasibility fund.

Additional documents:

Minutes:

Councillor Peter Butlin stated that this fund was set up in February 2020. Members’ attention was drawn to the descriptions of the schemes as set out in the report.

 

Councillor Les Caborn commended the schemes and singled out the art-related project as a good means of building confidence amongst those with mental health issues. This view was supported by Councillor Roodhouse who reminded members that there had previously been funding available to support arts, but this had ended. 

 

Councillor Peter Butlin closed by stating that he hoped to see more bids come forward.

 

Resolved:

 

That Cabinet:

 

1) Approves a £0.150m allocation from the Place Shaping and Capital Feasibility Fund to the Art Challenge for Economic Recovery project.

 

2) Supports the progress made on the Economic Recovery Strategy with four projects approved by Corporate Board under the under the authorisation delegated to Chief Executive at a total cost of £0.458m.

 

3) Authorises the Strategic Director for Communities to procure and enter any agreements to give effect to the proposals in 1 and 2 on terms and conditions acceptable to the Strategic Director for Resources.