Decision details

The Committee gave consideration to a report providing an update on the Rural Growth Deal (RGD) and in particular an update on the “Tourism – Creating a World Class Visitor Destination” theme.  The report advised on decisions taken by the Rural Growth Deal Programme Board on what projects would be taken forward within the tourism theme and advised that a decision had been taken to allocate £9M towards the completion of the Rothesay Pavilion as a priority project, subject to approval by the UK and Scottish Government.

Decision

The Policy and Resources Committee –

1.    endorsed the decision of the Rural Growth Deal Programme Board to allocate £9m of Rural Growth Deal Funding to Rothesay Pavilion under the “Tourism – Creating a World Class Visitor Destination” theme;

2.    noted that all funding brought through the Rural Growth Deal was subject to approval of Treasury 5 business cases by the UK and Scottish Government; and

3.    noted that a further update would be brought to the Policy and Resources Committee following approval of the Rural Growth Deal Full Business Case by the UK and Scottish Government.

(Reference:  Report by Executive Director with responsibility for Development and Economic Growth dated July 2023, submitted)