Agenda and minutes

REASONS FOR RECOMMENDATION

To seek approval to submit the High Peak Investment Plan and associated documents to the Department for Levelling Up, Housing and Communities (DHULC) by their deadline of 1st August. Submission of the Investment Plan will enable the Council to draw down their allocation of £2,412,072 subject to approval by DHULC. The report also seeks approval for High Peak Borough Council to accept any UKSPF allocated to the Council and to work on preparations for commissioning projects and development of delivery partnership arrangements.

Due to the urgent (due to government timetable for submission) nature of the report the Chair of the Economy and Growth Select Committee has agreed to exempt it from call-in.

ALTERNATIVES CONSIDERED

The alternative option is to not submit the Investment Plan by the government’s required deadline which would mean that the Council would not draw down its allocation of £2,412,072.

RESOLVED:

1)    That the submission of the UK Shared Prosperity Fund Investment Plan be approved.

2)    That any UKSPF allocated to the Council be accepted.

3)    That the establishment of a joint UK Shared Prosperity Programme Management Board be approved.

4)    That on behalf of the Council, develop and commence the commissioning of projects to be funded by UKSPF and commence commissioning on Council led projects in preparation for the award.

5)    That the Executive Director (Place) be authorised to make any necessary minor technical amendments to the Investment Plan in consultation with the relevant Executive Member’s.

ANY DECLARATION OF INTEREST

None

A NOTE OF ANY DISPENSATION GRANTED

None