Issue - decisions

Local Growth Fund scheme approvals and grant agreements

10/11/2017 - Funding Agreement with Sea Change Sussex - East Sussex Strategic Growth Package

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.