9 PLACE BASED INVESTMENT AND CROWN ESTATE UPDATE PDF 303 KB
Report by Executive Director with responsibility for Development and Economic Growth
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Additional documents:
Minutes:
The Committee gave consideration to a report providing an update in respect of the allocation of both Place Based Investment (PBI) and Crown Estate (CE) funding for 2022/23.Ìý The report also sought approval of a number of changes in regard to specific allocations of funding as already agreed in regard to both PBI and CE funding against respective projects.
Decision
The Policy and Resources Committee –
1.
noted the update in regard to PBI and CE funding allocations for
2022/23;
2.
noted that following the announcement of the final allocation of
funding, the Cemetery Maintenance and Roads Access Fund and the Public
Conveniences project could now proceed, as agreed in principle at the Policy
and Resources Committee in October 2022;Ìý
3. agreed to switch the allocation of £100,000 PBI
funding 2022/23 against the Glenmorag Campsite, Dunoon project to
£100,000 CE funding allocation 2022/23 and to then in turn allocate the PBI
funding to those projects as detailed in Table 1 that previously had the CE
funding allocated against them thereby simply changing the funding source;
Ìý
4.
agreed to use the allocation of £400,000 CE funding currently allocated
against the delivery of the Tobermory Car Park
project to instead deliver the extension to the cemetery at Tobermory;
Ìý
5.
agreed that delegated authority be given to the Executive Director with
responsibility for Development and Economic Growth, in consultation with the
Leader, Depute Leader, and the Leader of the largest Opposition Group in regard
to any necessary future changes required to be made between specific CE and PBI
funding allocations already agreed by members to individual projects.Ìý This delegation would ensure that funding
timelines could be met and funding does not require to be paid back.Ìý This would not impact the projects that had
been agreed but simply change the source of funding that would support their
delivery and officers would report any updates to Elected Members.Ìý
(Reference:Ìý Report by Executive Director with responsibility for Development and Economic Growth dated January 2023, submitted)
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