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  • Decision details
  • Decision details

    Folkestone Seafront Regeneration - Local Growth Fund Grant

    Decision status: Recommendations Approved

    Is Key decision?: Yes

    Is subject to call in?: Yes

    Purpose:

    To accept a government grant of £5.1m capital to deliver a programme of regeneration work at Folkestone Seafront and enter into a subordinate grant agreement with a private sector organisation for the delivery of the programme.

     

    .

    Decision:

    As the Cabinet Member for Economic Development, I agree that the County Council shall (subject to the completion of a full business case, satisfactory appraisal by an Independent Technical Evaluator and approval by the South East Local Enterprise Partnership Accountability Board):

    i.              Accept Government grant funding of up to £5.1 million capital to deliver a programme of regeneration works at Folkestone Seafront;

     

    ii.            Enter into a subordinate grant agreement with a private sector organisation for the delivery of the programme; and

     

    iii.           Delegate to the Director of Economic Development the authority to conclude arrangements to secure the recovery of administration costs associated with KCC’s management of the grant agreement.

    Publication date: 14/12/2015

    Date of decision: 11/12/2015

    Effective from: 22/12/2015

    Accompanying Documents: