Issue - meetings

PLACE BASED INVESTMENT FUND 2022/23 - PROJECTS AND ALLOCATION

Meeting: 16/06/2022 - Policy and Resources Committee (Item 6)

6 PLACE BASED INVESTMENT AND CROWN ESTATE FUND 2022/23 - PROJECTS AND ALLOCATION pdf icon PDF 411 KB

Report by Executive Director with responsibility for Development and Economic Growth

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Minutes:

The Committee considered a report which advised that the Council had been allocated £712,000 for financial year 2022/23 from Scottish Government, via its Place Based Investment (PBI).

 

Decision

 

The Committee agreed to -

 

a)    The allocation of the Place Based Investment funding for 2022/23 to the projects in Table 1, paragraph 4.7.

 

b)    The allocation of the Crown Estate funding for 2022/23 to the projects in Table 1, paragraph 4.7.

 

c)    The amendment to the proposals relating to the award of £50,000 of CES funding as detailed under paragraph 2.5, and note the amendment of the detail at paragraph 2.5 which removes funding to ACT, following ACT advising officers that they are no longer able to deliver the proposal and therefore do not require the grant, and that the Council will take the lead on the project.

 

d)    Note that a further report on the allocation of the remaining unallocated £322,486 Place Based Investment and £397,453 Crown Estate Funding for 2022/23 will be brought forward to the August meeting of the Policy and Resources Committee.

 

(Ref: Report by the Executive Director with responsibility for Development and Economic Growth dated 25 April 2022, submitted)

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