Decision details

The decision is required to enable a loan agreement and other necessary contractual or quasi-legal documents to be entered into, so that funding may be secured from the fourth tranche of Growing Places Funding.

As Cabinet Member for Economic Development I agree to:

•        to note the Growing Places Fund (GPF) bid submission to the South East Local Enterprise Partnership (SELEP) proposed by the Kent & Medway Economic Partnership,

•      that Kent County Council act as the accountable body for projects within Kent County Council’s geographical boundaries that are selected by SELEP to receive GPF funding; and

•        to delegate to the Section 151 Officer the authority to sign on Kent County Councils behalf a loan agreement or equivalent, where this is required to draw down funds following business case approval.