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Report by Executive Director with responsibility for Development and Economic Growth

The Committee gave consideration to a report providing an update with detail of options agreed and progress made in relation to the Local Authority COVID Economic Recovery (LACER) Fund.

Decision

The Policy and Resources Committee –

1.    noted the progress to date with the suite of previously agreed options for the LACER funding;

2.    approved the refocus of £35k of funding from sector support to provide additional regional support to businesses in the hardest hit areas - Campbeltown, Lochgilphead, Isle of Bute and Dunoon; and

3.    agreed that the overspend of up to £36,713 in relation to the issue of Scotland Loves Local Cards was met from the Recovery and Renewal Fund.

(Reference:Ìý Report by Executive Director with responsibility for Development and Economic Growth dated November 2022, submitted)