Decision details

East Midlands Combined County Authority Investment Fund

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To update Cabinet on opportunities for Derbyshire projects under the first tranche of the Investment Fund; to seek approval in principle to accept grant, add projects to the capital programme and commercial pipeline and to consult where required; to agree delegated authority for the acceptance of grant where offers are received and to progress relevant projects.

Decision:

RESOLVED to:

 

1)       Note the process being followed for investment proposals under the first tranche of the East Midlands Combined County Authority’s Investment Fund.

 

2)       Approve in principle:

 

a)       the receipt of grant funding; and

 

b)       the addition of projects to the capital programme and the commercial pipeline.

 

3)       Request that the relevant District Council carry out the consultation in respect of the Avenue Southern access; and

 

4)       Approve for the Executive Director – Place, to accept specific funding offers, in liaison with the Director of Finance and the Cabinet Member for Infrastructure and Environment, and to authorise any required consultation for funded projects.

Report author: Jim Seymour

Publication date: 09/01/2025

Date of decision: 09/01/2025

Decided at meeting: 09/01/2025 - Cabinet

Effective from: 17/01/2025

Accompanying Documents: