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Decision details

Regeneration Funding

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

to establish a regeneration service within the Growth and Regeneration directorate and draw down WECA funding to deliver projects in Central Bristol.

Decision:

Cabinet

  1. Noted the creation of a new Regeneration Service within the Growth & Regeneration Directorate
  2. Authorised a £825,443 virement and reallocation of resources noted in the report to establish a total recurring annual revenue budget of £751k for the regeneration service, and £168k seed funding budget for projects under the control of the Executive Director for Growth and Regeneration.
  3. Noted the submission of a bid for Strategic Masterplan funding of £955,000 to the West of England Combined Authority.
  4. Authorised the Executive Director of Growth and Regeneration in consultation with the Section 151 Officers and Mayor to enter into a grant funding agreement, drawdown and spend £955k West of England Combined Authority Strategic Masterplanning Funding.

 

Report author: Abigail Stratford

Publication date: 22/06/2021

Date of decision: 22/06/2021

Decided at meeting: 22/06/2021 - Cabinet

Effective from: 02/07/2021

Accompanying Documents: