Financial & Legal Implications: The Service Level Agreement between the South East LEP/Essex County Council and Kent County Council will be updated to include any projects selected by the Government to receive LGF3 funding.
Equality Implications:An EQIA will be carried out on the bid submission.
Is the matter referred to in your Business Plan or Medium Term Capital Programme?
Yes - the Business Plan refers to “Maximising funding for strategic investment projects through the Kent and Medway Economic Partnership and South East Local Enterprise Partnership”.
Decision type: Key
Reason Key: Expenditure or savings of more than £1m;
Decision status: Recommendations Approved
Notice of proposed decision first published: 08/06/2016
Decision due: 26 Jun 2016 by Leader and Cabinet Member for Health Reform
Reason: It is important that Kent County Council agrees to endorse KMEP’s submission to government, because Kent County Council will act as the accountable body for projects within its geographical boundaries
The decision is required to enable a bid submission to government so that funding may be secured from the third tranche of Local Growth Funding
Lead member: Leader and Cabinet Member for Health Reform
Lead director: David Smith
Contact: Sarah Nurden, Kent and Medway Economic Partnership's Strategic Programme Manager 03000 417 176 and 03000 416 518 Email: sarah.nurden@kent.gov.uk Tel: 03000 416 518.
Consultees
In the first tranche of Local Growth Funding (LGF1), which was announced in the summer 2014, schemes in Kent and Medway were awarded £133 million. In the second LGF round, announced in January 2015, an additional £19.51 million was allocated to projects in Kent and Medway. Information on both awards were reported to the appropriate Cabinet Committee.
When will this decision be discussed by the Cabinet
Committee? and the date of the
meeting
· Environment and Transport Cabinet Committee on 8 July 2016
·
Growth Economic Development and Communities Cabinet Committee on 19
July 2016
Other
consultation planned or undertaken: Please refer to the individual project proposals to see the
consultation that has taken place or will take place.
Which Members and electoral Divisions are affected by this proposed decision?
This is dependent on Central Government’s selection of the project proposals that will receive funding, however the bid proposals being submitted to Government will cover the breadth of Kent and Medway.
Financial implications: Sarah Nurden Economic Development 03000 416 518 sarah.nurden@kent.gov.uk David Smith Economic Development Director 03000 417 176 David.Smith2@kent.gov.uk
Legal implications: 16/00050