Issue - decisions

STRATEGIC EVENTS AND FESTIVALS

12/05/2023 - STRATEGIC EVENTS AND FESTIVALS FUND - ROUND 5.2 2023/2024

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)