Issue - meetings

Levelling Up Fund

Meeting: 15/11/2022 - Environment & Economy Overview & Scrutiny Committee (Item 32)

32 Levelling Up Fund pdf icon PDF 130 KB

Additional documents:

Decision:

(a)       That the progress in developing and submitting bids to round two of the UK Government Levelling Up Fund be noted;

 

(b)       That the risks and mitigations associated with the package of projects be noted; and

 

(c)       That the allocation of match funding of up to £1.107m from the capital programme in 2024/2025 be supported.

 

Minutes:

The Enterprise and Regeneration Manager presented the report to provide an update on the development of the programme and projects and to

recommend approval by Cabinet of capital funding to meet the required match funding expected by UK Government.

 

The Enterprise and Regeneration Manager provided background information and advised that the  report updated on the development and submission of two bids in line with the bidding strategy agreed at Cabinet on 18 January 2022 and on a third strategic transport bid. The report also provided an update on the programme as a whole and requested an allocation of match funding from the capital programme of £1,106,915 (£630,467 Alyn & Deeside bid, £476,448 Delyn bid) in order to draw down the UK Government funding.

 

Councillor Mike Peers, commented on the risk of match funding availability referred to on page 124 of the report.  He suggested that as the Council’s budget for 2023/24 was not yet presented that recommendation 3 be agreed in principle only until further details on the budget were known.   Officers responded to the concerns raised by Councillor Peers on the bids put forward and commented on the firm commitment to funding required.   The proposal by Councillor Peers was not seconded.

 

The recommendations as set out in the report, were moved and seconded by Councillors Dan Rose and Mike Allport.

 

RESOLVED:

 

(a)       That the progress in developing and submitting bids to round two of the UK Government Levelling Up Fund be noted;

 

(b)       That the risks and mitigations associated with the package of projects be noted; and

 

(c)       That the allocation of match funding of up to £1.107m from the capital programme in 2024/2025 be supported.