05
Cabinet received and considered the Head of Inward Investments report.
The Leader presented the report and advised that the report provided Members with details of changes to the Plan for Neighbourhoods programme since its meeting on 6 June, critically its remaining by the Government as the Pride in Place programme. It was advised that the report also provided an update on the Town Board’s development of a 10-year vision and 4-year Regeneration Plan and a new Pride in Place Impact Funding award. Cabinet were reminded that they had resolved that the Council would assume the Accountable Body role at the Cabinet meeting held in June.
The Leader advised that the report details the next steps for this programme and advises that Officers would continue to refine a 4-year Regeneration Plan and associated evidence and commentary in line with the Town Board’s adopted 10-year vision and agreed priority projects for submission to the Government no later than 28 November 2025. The precise scheduling and allocation of funding to those projects may need to be adjusted to reflect detailed costings, the capital and revenue funding actually available in each financial year, and opportunities to make use of the associated Capacity and Impact Funding.
RESOLVED :
That Cabinet :-
- Note and consider the content of this report;
- Delegate to the Chief Executive Officer and Section 151 Officer the responsibility for preparing and submitting the necessary Pride in Place programme materials to the Government no later than 28 November 2025, in line with the wishes of the Town Board and the official fund guidance.