Issue - decisions

UK Shared Prosperity Fund (UKSPF) and Multiply Programmes

13/09/2022 - UK Shared Prosperity Fund (UKSPF) and Multiply Programmes

(i)  To delegate authority to the Executive Director, Communities Culture and Homes to take all actions necessary to accept the grants and deliver the projects until March 2025.

(ii)  To accept, in accordance with Financial Procedure Rules, a grant of £1,544,238 from the UK Shared Prosperity Fund, £1,182,512 from the ‘Multiply’ Programme, along with a £20,000 revenue contribution towards development costs of the UKSPF Investment Plan.

(iii)  To approve, in accordance with Financial Procedure Rules, revenue expenditure £1,310,517 from the UK Shared Prosperity Fund and £1,182,512 from the ‘Multiply’ Programme during the Financial Years 2022/23 – 2024/25 and capital expenditure of £253,721 from the UK Shared Prosperity Fund during the Financial Years 2022/23 – 2024/25.

(iv)  To approve the Council to act as Accountable Body for the administration of grant funding for the UK Shared Prosperity Fund and for the Multiply Programme.