Decision details

Local Growth Fund and Growing Places Fund - confirmed spend for 2018/19 and Forecast for 2019/20

Decision Maker: Lead Member for Strategic Management and Economic Development, Leader and Lead Member for Strategic Management and Economic Development

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

Consideration of the Local Growth Fund and Growing Places Fund for 2018/19 and Forecast for 2019/20

Decisions:

21.1     The Lead Member considered a report by the Director of Communities, Economy and Transport. 

 

DECISIONS

 

21.2     The Lead Member RESOLVED to (1)  note the final 2018/19 spend for the Local Growth Fund programme and the amount of funds re-profiled into the East Sussex County Council Capital Programme;

 

(2)  note the final 2018/19 spend for the Growing Places Fund programme and the amount of funds re-profiled into the East Sussex County Council Capital Programme;

 

(3)  agree the confirmed scheme spend profiles for the Local Growth Fund programme for the 2019/20 financial year; and

 

(4)  agree the confirmed scheme spend profiles for the Growing Places Fund programme for the 2019/20 financial year.

 

Reasons

 

21.3     East Sussex have been successfully delivering across both the Local Growth Fund and Growing Places Fund projects, with some areas of short-term slippage experienced in 2018/19. This occurred on the following six projects in the 2018/19 LGF programme:

1.         Queensway Gateway Road

2.         Hailsham/Polegate/Eastbourne Movement and Access Transport scheme;

3.         Hastings and Bexhill Movement and Access Package;

4.         Eastbourne And South Wealden Walking And Cycling Package;

5.         Eastbourne Town Centre Improvement scheme; and

6.         East Sussex Strategic Growth Programme

In most cases this slippage is of a short term nature with spend occurring in the early quarters of the 2019/20 financial year.

 

21.2     East Sussex made a full early GPF repayment from the Priory Quarter Phase 3 scheme to the GPF Programme. SELEP will therefore be bringing forward a further round of the GPF monies enabling East Sussex to secure further investment.

Report author: Rupert Clubb

Publication date: 13/05/2019

Date of decision: 09/05/2019

Decided at meeting: 09/05/2019 - Lead Member for Strategic Management and Economic Development

Accompanying Documents: