11 RURAL GROWTH DEAL – UPDATE PAPER PDF 399 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 on the Rural Growth Deal
Programme and in particular progress towards signing of the full deal
agreement, which represented the next key milestone in the Rural Growth Deal process.
Decision
The Policy and
Resources Committee –
1. approved
a further drawdown of funding from the Inward Investment Fund (up to £150k);
noting that similar to previous arrangements, funds would only be drawn down
subject to the Chief Executive and two Executive Directors of the Council being
satisfied that the monies were for the purpose of delivering the Rural Growth
Deal; and that any further funding required in excess of the approved value would
require further approval from the Policy and Resources Committee.
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2. noted the process and anticipated timescales for signing the Full Deal Agreement with the Scottish and UK Governments.
(Reference: Report by Executive
Director with responsibility for Development and Economic Growth dated
September 2023, submitted)
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