Decision details

To update Cabinet on investment proposals under the East Midlands Combined County Authority’s funding programmes and to seek approval to early Derbyshire priorities for investment.
 

RESOLVED to:

1)      Approve the proposed Derbyshire regeneration pipeline - programme areas and longlist of potential projects as set out in Appendix 2 of the report;

2)      Note the update to the potential range of funding streams likely to be made available by the East Midlands Combined County Authority in the immediate and medium term;

3)      Approve the projects likely to be suitable for accessing early investment opportunities in 2025-26 under the East Midlands Combined County Authority’s available funding programmes;

4)      Agree that the Executive Director – Place be given delegated authority to make initial funding applications to EMCCA in line with the proposed programmes and projects set out in Appendix 2 of the report;

5)      Agree that the Executive Director – Place be given delegated authority to approve the acceptance of specific offers of funding for Pipeline programmes and projects, in liaison with the Director of Finance and the Cabinet Members for Infrastructure and Environment, Highways and/or Clean Growth and Regeneration, as appropriate, and to authorise any required consultation for funded projects;

6)      Approves in principle:

(a)   the receipt of grant funding from EMCCA;

(b)   the addition of funded projects to the Council’s capital programme and the commercial pipeline;

(c)    the carrying out of public consultation in relation to proposed projects, as required:

(d)   the distribution of grant funding, including monies passported to the Council from EMCCA, to outside bodies where appropriate (as detailed in paragraph 4.24 of the report); and

7)      Agree that officers continue to assess the Derbyshire Regeneration Pipeline (Appendix 2) and identify appropriate funding opportunities for bringing forward programmes and projects as and when they become available, including opportunities for financial year 2026-27 and beyond.