Decision details
United Kingdom Shared Prosperity Fund - Stockport Arrangements (E&R92)
PDF 208 KBDecision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The Cabinet will be asked to consider
proposals relating to the Governance and management of Stockport's
grant funding for projects under the Communities and Place strand
of the United Kingdom Shared Prosperity Fund.
Decision:
The Cabinet has considered a report detailing the UK Shared Prosperity Fund (UKSPF) Communities and Place funding allocation for Stockport and the proposed governance arrangements for it, and has:-
(1) Noted the content of the report, including the approach relating to Stockport’s UKSPF investment plan for Communities & Place and the suitability of the proposed governance model for any future Support for Local Business and the People and Skills elements of UKSPF, once they are approved.
(2) Agreed to delegate authority to the Director of Development and Regeneration who will approve funding allocations for projects in consultation with the Cabinet Member for Economy & Regeneration, to oversee and approve the delivery of activities relating to Stockport’s investment plan.
(3) Noted that the Cabinet and Economy & Regeneration Scrutiny Committee receive copies of the regular reporting on the project bids and agreed funding allocations, and any other updates on UKSPF.
Alternative options considered:
None.
Interests and Nature of Interests Declared:
None.
Reason Key: Affects 2 or more wards;
Wards Affected: (All Wards);
Equality and/or Environmental Impact Assessment: Equality Impact Assessment and an Environmental Impact Assessment will be carried out on the project bids submitted for funding.
Decision Reference: CAB388
Declarations or conflicts of Interest: None.
Forward Plan Reference: E&R92
Other reasons / organisations consulted
Consultation on possible programmes and
project bids has been carried out by/with the GMCA and
included:
Elected Members
MPs
Sector 3 and VCFSE partners and organisations
Local businesses
Council officers from various departments
Contact: Richard Mortimer, Head of Economy, Work & Skills Email: richard.mortimer@stockport.gov.uk Tel: 0161 474 3864.
Report author: Richard Mortimer
Publication date: 15/03/2023
Date of decision: 14/03/2023
Decided at meeting: 14/03/2023 - Cabinet
Effective from: 22/03/2023
Accompanying Documents: