That the following be agreed:
1) To accept and release all revenue capacity funding provided by Central Government, to support the development of a new ten year regeneration plan for Spalding;
2) That authority be delegated to the Director of Economic Development to agree and expend all capacity funding provided by Central Government, in consultation with the Leader of the Council and in accordance with the steer from the Town Board;
3) That authority be delegated to the Director of Economic Development to approve and enter all of the necessary contractual arrangements to progress the submission of a ten-year Regeneration Plan and four year investment plan for Spalding in consultation with the Leader of the Council and in accordance with the steer from the Town Board;
4) That draw down of up to £140,000 from the Economic Growth Reserve in order to meet proposed spend for 25/26 outlined in section 3.3 be delegated to the interim Director of Finance in consultation with the Leader of the Council and Director of Economic Development