Issue - decisions
Midsomer Norton High Street Renewal Programme - Love Our High Street Funding (WL)
01/03/2022 - Midsomer Norton High Street Renewal Programme - Love Our High Street Funding (WL)
The Cabinet Member agrees that approval to accept the £895k Love our High Streets grant from WECA can be delegated to the Director of Sustainable Communities, in consultation with the s151 officer. These funds will be spent over a two-year period in line with the Full Business Case and the approved concept designs. This will allow full approval of the confirmed £845k in capital funds for the Market Square project (and Midsomer Norton High Street Renewal scheme) and confirmed £50k for revenue budget support (one off for spend 2022-2024) as outlined in Section 5 of the SMD report. It will also enable the Provisional Capital Budget of £1.015m to be approved and moved into the Approved Capital Budget.