To agree Marches Growth Deal 3 Single Local Growth Funding allocations towards five projects, agreed with government, to support economic growth across the Marches.

THAT:

(a) Single Local Growth Funding of a minimum of the value shown in column 3

of Table 1 be allocated to the named Growth Deal 3 projects, set out in Table

1; and

(b) Should additional funds for this purpose be forthcoming, funding of a

maximum value of that shown in column 2 of Table 1 be allocated to the

named Growth Deal 3 projects, set out in Table 1.

To ensure that the selected Marches Growth Deal 3 funded projects are delivered in a manner that maximises project quality and optimises outputs and outcomes for economic growth for the Marches area.

It is highly unlikely that alternative funds will be made available by the Government during this parliamentary term. The selected projects were independently assessed and the projects with the strongest business cases that represent strong rationale for investment, good value for money & private sector leverage have been selected.