Issue - meetings

Report of Deputy Chief Executive and Director of Regeneration and Planning

Lead Cabinet member: Councillor James MacCleary

(Non-key decision):

(1) To note the bid being prepared for submission to the Towns Fund and the decision-making of the Newhaven Town Deal Board.

(2) To authorise the Director of Regeneration and Planning to submit the Towns Fund bid by 29 January 2021 in line with Government requirements.

The Cabinet considered the report of Deputy Chief Executive and Director of Regeneration and Planning, providing an update on progress with the submission to the Towns Fund for Newhaven.

Councillor MacCleary clarified that unfortunately road spending, particularly work on the Ring Road, did not fit into the criteria for spending of this Fund, set by the government.

The Council would likely hear whether the bid was successful early in the New Year. In addition to this, the Council was also awaiting to hear whether its bid, submitted by the previous administration to the Future High Street’s Fund for Newhaven was successful.

Visiting member, Councillor Boorman, addressed the Cabinet in support of the report.

Resolved (Non-key decision):

(1) To note the bid being prepared for submission to the Towns Fund and the decision-making of the Newhaven Town Deal Board.

(2) To authorise the Director of Regeneration and Planning to submit the Towns Fund bid by 29 January 2021 in line with Government requirements.

Reason for decision:

The Towns Fund is a £3.6billion Government funding pot. Newhaven has been shortlisted to submit a bid of up to £25m of capital funding that will contribute to economic recovery and growth.