The Cabinet Member:
1. Authorised the Chief Executive to approve and sign the Heads of Terms for Towns Fund projects in Peterborough following confirmation of support from the Ministry of Housing, Communities and Local Government for up to £22.9 million including approval of the:
- List of projects to receive funding and recommended assurance route for business cases
- Key conditions and requirements attaching to the offer of funding
2. Delegated to the Executive Director for Place & Economy and the Director of Law and Governance the authority to agree and finalise any related documents needed to execute the above recommendations and take forward the approach set out in this report.
Decision type: Key
Reason Key: Significantly affecting two or more electoral wards;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 25/09/2020
Decision due: Not before 10th Nov 2020 by Leader of the Council and Deputy Mayor of the Cambridgeshire and Peterborough Combined Authority
Lead member: Councillor John Holdich OBE, Leader of the Council and Deputy Mayor of the Cambridgeshire and Peterborough Combined Authority email@example.com
Lead director: Executive Director Place and Economy
Department: Place and Economy
Towns Investment Plan was submitted in July, which set out the stakeholder engagement to submit the projects.
Relevant Scrutiny Committee: Growth, Environment and Resources Scrutiny Committee