Issue - meetings

To provide an update on UKSPF and Investment Plan (report of the Deputy Chief Executive – Growth enclosed).

Consideration was given to the report of the Deputy Chief Executive (Growth) which provided an update on UKSPF and Investment Plan.

Members requested that, although much of the consultation feedback had suggested ideas for Spalding, that it should be ensured that any funding should be spread across the whole of South Holland and not purely Spalding.  Parishes should also be encouraged to submit ideas.

It was stated that many of the suggested projects were capital, and not revenue, and this split was not made clear during the presentations.  It was disappointing that many of these would not qualify for the 80%.  It was important therefore to come up with some more revenue schemes.  The Portfolio Holder for People, Place and Economy commented that it had always been primarily a revenue scheme, which was to be welcomed.

DECISION:

1)    To approve the draft UK Shared Prosperity Fund Investment Plan; and

2)    To delegate to the Deputy Chief Executive (Growth), in consultation with the Portfolio Holder People, Places and Economy, to make any amendments required prior to submission of the Investment Plan to the Department of Levelling Up, Communities and Housing.

(Other options considered:

·         To do nothing would mean that the Investment Plan would not be submitted, and the Council would lose the opportunity to receive £2.7 million of funding for the Council.

Reasons for decision:

·         To enable the submission of the Investment Plan within the timescales, 1 August at the latest, to enable the Council to receive the allocation of £2.7 million for the benefit of the communities of the South Holland district).