Transfer of Local Growth Funds for new model in technology and engineering (NMiTE) Phase 2
To enable the accountable body, Shropshire Council, to delegate responsibility for the managing of the Local Growth Fund (LGF) grant and the relationship with the successful grant applicant (NMiTE) to the council. The full grant amount of £5.66m for Phase 2 of the NMITE project will be transferred from the accountable body to the council in advance of project delivery.
The grant funding will be utilised to develop a Centre for Advanced Timber Technologies and Centre for Automated Manufacturing on the Herefordshire Enterprise Zone.
Decision type: Key
Reason Key: Expenditure;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 13/03/2020
This decision will be taken under urgency procedures.
Reason for urgency:
A decision is required urgently in order to accept the grant funding before 31 March 2020. The date of eligible spend in relation to this grant is 31 March 2021.
Decision due: 25 March 2020 by Cabinet member finance and corporate services
Lead member: Cabinet member finance and corporate services
Lead director: Chief finance officer
Department: Corporate Support Centre
Contact: Josie Rushgrove, Head of corporate finance Email: email@example.com Tel: 01432 261867.
- 25/03/2020 - Transfer of Local Growth Funds for new model in technology and engineering (NMiTE) Phase 2