Decision details

To seek approval of and delegate authority to submit identified schemes and Expressions of Interest for the Government’s Levelling Up Fund (LUF) second round.

That Cabinet:

1. Approved the submission of bids to the Levelling Up Fund for each of the two identified schemes, Filwood regeneration and Bristol Cycling Centre, as set out in this report.

2. Authorised, if successful, the Executive Director of Growth and Regeneration in consultation with the Cabinet Member for Finance and Cabinet Member for Housing Delivery and Homes, and S151 Officer, to accept and spend the funding including agreeing the terms of any grant award and procuring and awarding contracts (which may be over £500k) to deliver the relevant project, including design work and planning permission, within the maximum budget envelopes outlined within this report and without further reference to Cabinet.

3. Approved the allocation of local match funding [of 10%] from within the agreed HRA capital programme (Filwood) and Clean Air Zone (Cycling Centre) or other identified match options (subject to delegated authority limits).

4. Noted the previous Cabinet approval dated 18 January 2022 approving the use of the Housing General Fund towards the 10% match funding contribution as outlined in this report.

5. Authorised, if the bids are unsuccessful or fail to achieve the full ask, the Executive Director for Growth & Regeneration, in consultation with Cabinet Member for Finance and Cabinet Member for Housing, and S151 Officer to identify and submit bids for other potential sources of funding within the maximum budget envelopes outlined in this report.