Issue - decisions

PLACE BASED INVESTMENT FUNDING (TO FOLLOW)

28/06/2021 - SCOTTISH GOVERNMENT PLACE BASED INVESTMENT PROGRAMME FUNDING 2021/22

The Council considered a report which advised that the Council had been allocated £821,000 of funding from Scottish Government for the financial year 2021-22 in connection with the Placed Based Investment Programme. The reports asked Members for the initial approval to allocate funding to three projects and to delegate authority on the allocation of the remaining funding to the Policy and Resources Committee in August.

 

Decision

 

The Council –

 

1.    Noted the allocation of £821,000 of Place Based Investment Programme funding from the Scottish Government for the financial year 2021-22.

 

2.    Noted the main objectives of the Place Based Investment Programme funding and associated criteria and conditions of the grant including the tight timeline for delivery.

 

3.    Agreed to the allocation of the Place Based Investment Programme funding to the three projects as detailed in paragraph 4.9 of the report.

 

4.    Agreed to delegate authority on the allocation of the remaining unallocated Place Based Investment Programme funding for 2021-22 to the Policy and Resources Committee with a report going to the August meeting recommending subsequent individual projects and associated funding allocations for 2021-22.

 

(Ref: Report by Executive Director with responsibility for Development and Economic Growth dated 24 May 2021, submitted)