Decision details

RESOLVED that:-

In relation to NCC as the Accountable Body for the Levelling Up Deep Dive funding:

(a )     Cabinet endorse the principles of the Outline Business Case, as set out in the report, and delegate approval of the OBC to the Executive Director of Place and Regeneration following consideration of the detail at Regeneration Programme Board;

(b )     authority be delegated to the Executive Director of Place and Regeneration to approve the Full Business Case subject to consideration of the recommendation by the Programme Board and to report any additional subsequent capital implications to Cabinet via the Capital Strategy Group, for inclusion in the Capital Programme;

(c )     Cabinet approve a total reallocated budget of £3.534 million (£0.371 million in 2024-25 and £3.163 million in 2025-26) from the Levelling Up Deep Dive Housing Renewal and Town Centre Living project to the Richard Stannard House Conversion from the Energising Blyth NCC Budget which is included in the Medium-Term Financial Plan; and

(d )     subject to paragraph (b) and (c) above and subsidy control compliance,  authority be delegated to the Executive Director of Place and Regeneration and Executive Director of Transformation and Resources to authorise by NCC as accountable body to enter into a grant funding agreement (GFA) with ANCL the sum £3,388,580.