Decision details

The Committee considered a report  providing an overview of the proposed criteria for distribution of a £3M regeneration fund targeted at the Mid Argyll and North Kintyre Area.  The funding is intended to promote the further regeneration and economic development of Mid Argyll and North Kintyre focusing mainly on the communities of Lochgilphead and Tarbert.

Decision

The Committee –

1.    Agreed the criteria set down in paragraph 4.3 of the submitted report.

2.    Agreed that the main focus of the Tarbert and Lochgilphead Regeneration Fund should be the main town of Lochgilphead & Ardrishaig, the key settlement of Tarbert and the areas immediately surrounding them.

3.    Noted that the Executive Director for Development and Infrastructure would report to the Policy and Resources Committee on a regular basis on the operation and performance of the fund.

4.    Agreed that following consultation with the MAKI Area Committee that business cases would be developed for approval by the Policy and Resources Committee.

(Reference:  Report by Executive Director – Development and Infrastructure Services dated 14 March 2016, submitted)