Issue - meetings

To consider a report of the Corporate Director for Place Management and Regeneration

The report provides a brief update on recent funding activity that supports the Council’s regeneration and town centre objectives. Excluded from this summary is allocated funding from Government such as Local Growth Deal monies for the Town Centre Access Package.

The Scrutiny Committee is requested to note the report.

Officer Contact: Paul Richards on 0161 474 2940 or email: paul.richards@stockport.gov.uk

The Corporate Director for Place Management and Regeneration submitted a report (copies of which had been circulated) providing a brief update on recent funding activity that supported the Council’s regeneration and town centre objectives. Excluded from this summary was allocated funding from Government such as Local Growth Deal monies for the Town Centre Access Package. The report also provided a historical overview of lottery funding awarded in the borough and known funding from the European Union.

The Cabinet Member for Economy and Regeneration (Councillor Kate Butler) attended the meeting to respond to Members’ questions.

The following comments were made/issues raised:-

• A Member highlighted that over the last ten years, assuming a standardised exchange rate, the Council had managed in the region of £31m of European Union funding.
• It had to be borne in mind that sometimes the bids had to be submitted at short notice and it was felt that the Council should support Officers in writing the bids.

RESOLVED – (1) That the report be noted.

(2) That a further report be submitted to the Scrutiny Committee in twelve months’ time.