Issue - decisions

Peterborough Station Quarter LUF2 Funding - KEY/04DEC23/01

12/03/2024 - Authority to enter into contract and grant funding agreements for LUF2 Peterborough Station Quarter MAR24/CAB/92

The Cabinet:

 

1. Authorised the Council to enter into Grant Funding Agreements (GFAs) with the Cambridge & Peterborough Combined Authority (CPCA), up to £47,850,000, in relation to the Peterborough Station Quarter (PSQ) project and Levelling Up Fund (LUF); and

 

2. Delegated authority to the Executive Director, Place & Economy, in consultation with the Director of Legal and Governance, to award and enter into contracts, arrangements and other legal documentation on behalf of the Council, which is necessary in connection with the PSQ LUF project.

 

3. Delegated authority to the Executive Director, Place and Economy to authorise the expenditure of the external funding received by the Council.

 

The report presented to Cabinet can be found at the bottom of this page.