The Committee gave consideration to a report providing an update on the further call for applications in respect of Round 5 – 2023/24 (referred to as Round 5.2) of the Council’s Strategic Events and Festivals Fund (SEF). The report provided details of the applications submitted and recommendations regarding all eligible applications put forward to receive grant funding.
Decision
The Policy and Resources Committee –
1.
agreed to
the award of eligible SEF Round 5.2 grants amounting to £48,371 as detailed in
Table 1 of the submitted report;
2.
agreed
that any SEF grant offer only be formally issued upon confirmation from the individual
event organisation that the event is formally confirmed and is definitely going
ahead and still meets the SEF Round 5 criteria.
These grants were detailed in Appendix 1, Table 1 of the submitted
report;
3.
agreed to
continue delegation of powers to the Executive Director with responsibility for
Development and Economic Growth to allow any subsequent amendment to existing
grant requests to be made brought about as a consequence of changes to the
event/event budget. Any amendment to a current grant request/offer would only
be considered if the amendment related to either the same level or a reduction
in the request from and constitute up to 75% of legitimate and eligible
expenditure; and
4.
noted
that £14,204 would be left to be earmarked towards a future SEF round as
previously agreed by Committee in February 2022.
(Reference: Report by Executive Director with responsibility for Development and Economic Growth dated 25 April 2023, submitted)