Decision details
Town Deal Heads of Terms
PDF 210 KBDecision Maker: Cabinet member finance, corporate services and planning
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Purpose:
The purpose of the report is to seek authorisation and delegation to sign the Heads of Terms that has been received by the Towns Investment Partnership Board and Herefordshire Council.
Decision:
a) The Towns Fund Partnership Board Chairman and the council’s Chief Executive, following consultation with the council’s Section 151 Officer, receive delegated authority to sign the Heads of Terms received from the Ministry of Housing Communities and Local Government (MHCLG) on 8 June 2021 accepting the funding allocation of £22.4million and return to MHCLG no later than 29 June 2021.
Alternative options considered:
1. Do nothing – the council does not sign the Heads of Terms document meaning the programme of funding is not accepted. This is not recommended as Hereford’s Town Investment Plan will not receive the funding allocated to enable successful delivery of the programme.
Reason Key: Expenditure and strategic nature / impact on communities;
Wards Affected: Aylestone Hill; Belmont Rural; Bobblestock; Central; College; Dinedor Hill; Eign Hill; Greyfriars; Hinton and Hunderton; Holmer; Kings Acre; Newton Farm; Red Hill; Saxon Gate; Tupsley; Whitecross; Widemarsh;
Contact: Joni Hughes, Head of Chief Executive's Office Email: Joni.Hughes@herefordshire.gov.uk Tel: 01432 260598.
Publication date: 18/06/2021
Date of decision: 18/06/2021
Accompanying Documents: