The Committee gave consideration to a report providing an update with detail of options agreed and progress made in relation to the Local Authority COVID Economic Recovery (LACER) Fund.
Decision
The Policy and Resources Committee –
1. noted the progress to date with the suite of previously agreed options for the LACER funding;
2. approved the refocus of £35k of funding from sector support to provide additional regional support to businesses in the hardest hit areas - Campbeltown, Lochgilphead, Isle of Bute and Dunoon; and
3. agreed that the overspend of up to £36,713 in relation to the issue of Scotland Loves Local Cards was met from the Recovery and Renewal Fund.
(Reference: Report by Executive Director with responsibility for Development and Economic Growth dated November 2022, submitted)