Issue - meetings
Local Growth Fund - Reallocation of 2015/16 funding
Meeting: 03/11/2015 - Lead Member for Strategic Management and Economic Development (Item 20)
20 Local Growth Fund - Re-profile and re-allocation of spend in 2015/16 
PDF 239 KB
Report by the Director of Communities, Economy and Transport
Additional documents:
Minutes:
20.1 The Lead Member considered a report by the Director of Commuities, Economy and Transport.
DECISIONS
20.2 RESOLVED to (1) agree to re-profile the South East Local Enterprise Partnership’s Local Growth Fund allocation within the agreed arrangements under the South East Local Enterprise Partnership Accountability and Assurance Framework;
(2) agree that all the available funding is re-allocated in 2015/16 on approved priority East Sussex schemes that are able to be brought forward for spend in this financial year;
(3) agree that the S151 Officer recommend to South East Local Enterprise Partnership’s Local Growth Board for East Sussex (Team East Sussex) under its ‘advisory capacity’ to formally agree the variation under the Local Accountability arrangements; and
(4) delegate authority to the S151 Officer to take any further actions required to enable the request for variation to be taken to the South East Local Enterprise Partnership Accountability Board for approval on 13 November 2015.
Reasons
20.3 It is important for the County Council and Team East Sussex to take full advantage of the flexibility available in the re-allocation of the funding to drive forward economic growth. There is a total of £7.35m now available to reallocate in this financial year to approved schemes. The Government is clear that the Local Growth Fund monies should be spent in the year in which it is allocated.
Meeting: 15/09/2015 - Lead Member for Strategic Management and Economic Development (Item 14)
14 Newhaven Flood Alleviation Scheme - re-profile of Local Growth Fund PDF 343 KB
Report by the Director of Communities, Economy and Transport
Minutes:
14.1 The Lead Member considered a report by the Director of Communities, Economy and Transport.
DECISIONS
14.2 RESOLVED to (1) agree the re-profile of the South East Local Enterprise Partnership’s Local Growth Fund allocation for the Newhaven Flood Alleviation Scheme as set out in paragraph 1.6 of the report within the agreed arrangements under the South East Local Enterprise Partnership’s Accountability and Assurance Framework;
(2) Subject to the above, agree that the Section 151 Officer recommend to the Local Enterprise Partnership’s Local Growth Board for East Sussex - Team East Sussex - under its ‘advisory capacity’ to formally agree the variation under the Local Accountability arrangements; and
(3) Subject to the above, delegate authority to the Section 151 Officer to take any further actions required to enable the scheme’s request for variation to be taken to the South East Local Enterprise Partnership’s Accountability Board for approval.
Reasons
14.3 The delivery of the Newhaven Flood Alleviation Scheme by the Environment Agency is integral to realising the growth plans for the town as set out in SE LEP and C2C LEP’s Growth Deal. The scheme will protect existing residential and commercial properties as well as enable further housing and employment sites to come forward.
14.4 In its Growth Deal, SE LEP was allocated £1.5m towards the cost of delivering the NFAS scheme. The EA have requested a re-profile of the available SE LEP funding, as set out in the report. Under Section 1 of the SE LEP’s Accountability and Assurance Framework and our local accountability arrangements, the agreement of the Lead Member and comments of TES are required on any changes or variations to LGF schemes before reporting up to the SE LEP Accountability Board for approval.