Issue - decisions

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.