Issue - meetings

Report by the Director of Communities, Economy and Transport

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

DECISIONS

5.2       The Lead Member RESOLVED to (1) Approve entering into the updated Service Level Agreement with South East LEP Limited (SELEP Ltd.) and Essex County Council (ECC) as the Accountable Body for the SELEP to fund the delivery of the Local Growth Fund (LGF) programme in East Sussex; and

(2)  Delegate authority to the Director of Communities, Economy and Transport and the Chief Finance Officer to agree the terms of, and enter into the Service Level Agreement, and to take all other necessary actions in respect of the recommendation 1 of this report.

Reasons

5.3       Following the incorporation of SELEP as a limited company in March 2020, there is a requirement to update the previous Service Level Agreement between Essex County Council, as the SELEP’s Accountable Body, and the County Council to now also include SELEP Ltd. In addition, entering into the updated Service Level Agreement will give greater assurance to Government that the Local Growth Fund (LGF) monies approved by the LEP’s Accountability Board to specific LGF projects is contractually committed. In turn, this will support the LEP’s case for receipt of the final third of their LGF monies for 2020/21, and thereby enable East Sussex to continue delivering its LGF funded infrastructure projects to support the local economy.