Issue - meetings

RESOLVED:

(a)       That the repayable loan funding awarded for town centre regeneration

In Flintshire be noted; and

(b)       That the proposed criteria and approach to administering and managing the town centre repayable loan funding across Flintshire be supported.

The Enterprise and Regeneration Manager provided background information and advised that the report gave details of the town centre regeneration repayable loan funding awarded to Flintshire County Council and the proposed criteria to be used to manage and administer the funds to support delivery of its regeneration work programme across town centres in Flintshire. The Enterprise and Regeneration Manager reported on the key points as detailed in the report.

In response to the questions raised by Councillor Richard Lloyd, the Enterprise and Regeneration Manager advised that the repayable loans were interest free but an administrative charge was applied to cover the cost of administering the loan to the Council.  Referring to the 7 towns identified in the report for development in the Place Making Plans programme the Enterprise and Regeneration Manager explained that should another town expressed interest and had a suitable scheme it could be discussed with the Welsh Government.

In response to a question from Councillor Hilary McGuill concerning commercial property, the Enterprise and Regeneration Manager advised that applications for a loan could be made either by the tenant or the landlord, however, the loan was secured by a legal charge on the property so would require the landlord’s consent.

RESOLVED:

(a)       That the repayable loan funding awarded for town centre regeneration

In Flintshire be noted; and

(b)       That the proposed criteria and approach to administering and managing the town centre repayable loan funding across Flintshire be supported.