Decision details

To consider accepting grant funding for the following:
- Fort Hamstead in Sevenoaks
- Kent and Medway Engineering, Design, Growth and Enterprise (EDGE) hub
- Leigh Flood Storage Area and East Peckham: unlocking growth
- SELEP Coastal Communities: housing led economic regeneration in Cliftonville West and Margate Central

Financial implications: it has been agreed with Government that SELEP, and therefore Kent County Council, will receive Local Growth Fund in quarterly instalments in advance in accordance with the scheme spending profiles, subject to completion of a Transport Business Case for each project and the approval of the project by SELEP Accountability Board.  Administration costs incurred in the management of the grant agreement and monitoring of the scheme will be recovered from the allocated LGF funding.

Legal and equality implications: all schemes will be delivered in line with the current governance arrangements under the Local Growth Fund (KCC and SELEP).  Therefore each scheme will carry out necessary consultation and equality impact assessments as part of the scheme progression.

As Cabinet Member for Economic Development, I agree to accept Government grant funding of £12.95m capital to deliver the following schemes:

• Fort Halstead in Sevenoaks (1.53m)
• Kent & Medway Engineering, Design, Growth and Enterprise (EDGE) Hub (6.12m)
• Leigh Flood Storage Area and East Peckham– Unlocking Growth (4.636m)
• SELEP Coastal Communities – Housing Led Economic Regeneration in Cliftonville West/Margate Central (£0.666m)

ii) Enter into agreements for the transfer of Local Growth Fund to the respective delivery organisation for the three schemes; and

iii) Delegate to the Director of Economic Development and Director of Environment, Planning and Enforcement the authority to conclude arrangements to secure the recovery of administration costs associated with KCC’s management of the grant agreements.