Decision details

Future High Street Funds

Decision Maker: Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Decisions:

The subject of the decision:

 

This report sought approval for the submission of a revised Business Case for Future High Streets Fund to the Ministry of Housing, Communities and Local Government.

 

Alternative options considered:

 

None.

 

The reason for the decision:

 

Cabinet was satisfied that the Future High Street Fund Business Case supported the Council’s priority of Driving Economic Vitality; specifically supporting the development of Northallerton as a Vibrant Market Town supporting the short-term economic recovery and long term future sustainability of the High Street.  Also the Central Northallerton Redevelopment was identified as a key project in the Council Plan 2019 23.

 

The decision:

 

That Cabinet approves and recommends to Council that:-

 

(1)    the revised Business Case for Future High Streets Fund is approved and submitted;

 

(2)    the capital contribution of £7,046,848 to support the delivery of Northallerton Future High Streets Fund Business Case is approved;

 

(3)    the capital contribution of £830,042 to support the delivery of complimentary schemes in support of the Future High Streets Fund Business Case is approved; and

 

(4)    the total capital expenditure for these schemes of £17,754,172 is included in the Capital Programme which is detailed in paragraph 4.3 of the report.

Reason Key: Expenditure > £50,000;

Wards Affected: All Wards;

Other reasons / organisations consulted

None

Consultees

None

Contact: Sam Swinbank, Interim Head of Service - Business and Economy Email: sam.swinbank@hambleton.gov.uk.

Report author: Sam Swinbank

Publication date: 11/02/2021

Date of decision: 09/02/2021

Decided at meeting: 09/02/2021 - Cabinet

Accompanying Documents: