a)    the Cabinet Member for Economy and Growth approves the acceptance and expenditure of up to £2,172,966 of UKSPF allocated to Herefordshire, made up of £401,198 capital and £1,771,768 revenue; and

b)    Subject to DEFRA announcing a 2025/26 REPF budget, Cabinet Member for Economy and Growth approves the acceptance and expenditure of any subsequent allocation of REPF to Herefordshire; and

c)    To delegate to the Director for Growth, in consultation with the Cabinet Member for Economy and Growth, all operational decisions in implementing the funding, in accordance with conditions imposed by Ministry of Housing, Communities and Local Government (MHCLG) and the Department for Environment, Food and Rural Affairs (DEFRA).

1.             Do nothing – The council could choose not to accept the funding and implement the programme of projects in Herefordshire, funded by UKSPF and REPF, however, this would result in the council being unable to access upwards of £2,172,966, allocated to the county, which is critical to supporting the economic growth of Herefordshire. This option is not recommended.