Issue - meetings

To consider a report of the Portfolio Holder for Economic Growth and Levelling Up.

Appendix 3 is exempt and is set out below.

(a)  That the successful bid to the Levelling Up fund and the approach and progress to date, be noted.

(b)  That the sum of £3.5m, be allocated to match funding as proposed to Department for Levelling Up, Housing and Communities (DHLUC) in the Council’s LUF (Levelling Up Fund) Bid from the approved Capital Programme.

(c)  That subject to agreement of DHLUC, authority be delegated to the Executive Director of Place, in consultation with the Portfolio Holder for Levelling Up and the Executive Director of Corporate Development, the decision to reallocate Levelling Up Funds from the proposed New Bond Street scheme to Weymouth Bowl site scheme, and other sites as appropriate.

(d)  That a further report to agree the approaches to development on the relevant sites be presented to a future meeting of Cabinet.

Reason for the decision

This decision brings members up to date on the progress of the Weymouth Waterside Regeneration bid to the Levelling Up Fund and takes the next steps to allow further progress.

The Portfolio Holder for Economic Growth and Levelling Up presented a report setting out the progress of the successful Weymouth Waterside Regeneration bid and sought commitment from Cabinet to match fund to the project. 

The Portfolio Holder paid tribute to Cllr T Ferrari for all the work that he had carried out towards the project to date. He also acknowledged his contribution in obtaining the successful Levelling Up fund bid.

In response to comments from the local ward member and the Chairman of the Harbours Advisory Committee, the Portfolio Holder confirmed that the paper focused on the long-term prosperity for Weymouth as well as short-term wins.

It was proposed by Cllr S Gibson seconded by Cllr A Parry.

Decision

(a)           That the successful bid to the Levelling Up fund and the approach and progress to date, be noted.

(b)           That the sum of £3.5m, be allocated to match funding as proposed to Department for Levelling Up, Housing and Communities (DHLUC) in the Council’s LUF (Levelling Up Fund) Bid from the approved Capital Programme.

(c)           That subject to agreement of DHLUC, authority be delegated to the Executive Director of Place, in consultation with the Portfolio Holder for Levelling Up and the Executive Director of Corporate Development, the decision to reallocate Levelling Up Funds from the proposed New Bond Street scheme to Weymouth Bowl site scheme, and other sites as appropriate.

(d)           That a further report to agree the approaches to development on the relevant sites be presented to a future meeting of Cabinet.

Reason for the decision

This decision brings members up to date on the progress of the Weymouth Waterside Regeneration bid to the Levelling Up Fund and takes the next steps to allow further progress.