Decision details

City Leap Innovation Fund

Decision Maker: Director: Finance

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

In accordance with the Cabinet decision of 2nd April 2019 project work has been undertaken to maximise the value to the Council of the City Leap offer. These projects are also being undertaken to enable readiness for City Leap, but require contractual arrangements to be put in place to facilitate reimbursement for costs of project delivery.

Decision:

At its meeting of the 2nd April 2019, Cabinet approved up to £2m to be utilised as City Leap enabling funds to prepare and demonstrate the opportunities which will arise from City Leap, and delegate the authority to the Director of Finance (s151 Officer) in consultation with the Deputy Mayor for Finance, Governance

Alternative options considered:

Enabling project work can only be undertaken by City Leap programme partners

Publication date: 04/02/2020

Date of decision: 16/01/2020