Issue - meetings

Reallocation of GBF- Non- Key Decision

Meeting: 11/09/2025 - Growth, Economic Development and Communities Cabinet Committee (Item 21)

21 25/00074- Reallocation of Getting Building Funding (Non-Key Decision) pdf icon PDF 82 KB

Additional documents:

Minutes:

  1. The report was introduced by Mrs Nurden who detailed the background on the need to reallocate £300,000 of Getting Building Fund money to the Bearsted Road Project from the Maidstone Business Suite Phase 2 project due to unforeseen delays from the latter.

 

RESOLVED that the Growth, Economic Development and Communities Cabinet Committee considered and endorsed the Cabinet Member for Economic Development & Coastal Regeneration to:

 

a)    AGREE to reallocate the Getting Building Funding (GBF), originally awarded to Maidstone Business Suite Phase 2, to the A249 Bearsted Road Project.

b)    DELEGATE authority to the Director of Growth & Communities, to take relevant actions, including but not limited to finalising the terms of, and entering into required contract or other legal agreements, as necessary to implement the decision as shown at Appendix A.