Decision details

Funding Agreement with Sea Change Sussex - East Sussex Strategic Growth Package

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

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To agree grant funding for new LGF schemes

Decisions:

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

 

DECISIONS

 

19.2     RESOLVED to (1) approve grant funding, to the value of £8.2m to Sea Change Sussex to fund the delivery of the East Sussex Strategic Growth Package; and

(2)        delegate authority to the Director of Communities, Economy and Transport to approve the terms of any agreements and to take all other necessary actions in respect of and to give effect to recommendation 1 above.

 

Reasons

 

19.3     The East Sussex Strategic Growth Package is critical to accelerated economic development in key growth corridors and across the county. The ambition is to provide much needed, high quality commercial and office space that will catalyse additional private investment in the area and support the council’s core priority of driving economic growth across the county.

 

Report author: Rupert Clubb

Publication date: 10/11/2017

Date of decision: 21/02/2017

Decided at meeting: 21/02/2017 - Lead Member for Strategic Management and Economic Development

Effective from: 01/03/2017

Accompanying Documents: