Issue - decisions

Midsomer Norton and Radstock – Additional Regeneration Funding

19/06/2023 - Midsomer Norton and Radstock – Additional Regeneration Funding

To accept the £717,380 UKSPF grant and to further approve capital budget of £937,000 and revenue budget of £117,380.

The £937,000 capital budget comprises £250,245 grant payment for Radstock Town Council funded by UKSPF grant and £687k for Midsomer Norton Renewal Programme funded by £350k from UKSPF grant, £200k uplift from WECA Love Our High Streets programme and £137k from Community Infrastructure Levy.

The £117,380 revenue funding comprises £100,345 funding for Radstock Cultural Programme (including £10k for Radstock museum) and £17,045 revenue funding for Unit 14 Midsomer Norton.