7.1 The Lead Member considered a report by the Director of Communities, Economy and Transport.
DECISION
7.2
RESOLVED to approve that £1.3m of funding from the East
Sussex Local Transport and Highways Maintenance capital programme
is utilised, in addition to £1.2m development contributions,
to fund the £2.5m cost of the Hailsham Town Centre
Improvement Scheme.
Reasons
7.3 The Hailsham Town Centre Improvement Scheme is a key priority for delivery this financial year and is part of the transport infrastructure package required for Hailsham and Hellingly to support recently constructed and future development up to 2027 within the adopted Wealden District Council Core Strategy.
7.4 In addition to the £1.2m of development contributions, the remaining £1.3m to fund the £2.5m scheme cost will be met by utilising the £700,000 slippage from the 2015/16 Local Transport capital programme, £200,000 from the 2016/17 Highways Maintenance capital programme and the remainder of £400,000 from the 2016/17 Local Transport capital programme allocation.