Issue - meetings

Lancashire Economic Growth and Development Investment Fund - Funds Managed by Strategic Development

Meeting: 11/07/2024 - Cabinet (Item 19)

19 Lancashire Economic Growth and Development Investment Fund - Funds Managed by Strategic Development pdf icon PDF 140 KB

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Minutes:

Cabinet considered a report that provided a programme update on the Lancashire Economic Recovery and Growth Fund and Lancashire Levelling Up Investment Fund and to request approval for the consolidation of unallocated resources into a single funding pot and programme extension.

 

Resolved: That

 

  1. The combining of any unallocated Lancashire Economic Recovery and Growth Fund, and its related additional funding, and the Lancashire Levelling Up Investment Fund into a single economic growth funding programme, be approved;
  2. The Executive Director of Growth, Environment, Transport and Health be authorised, in consultation with the Cabinet Member for Economic Development and Growth, Director of Law and Governance and Director of Finance and Commerce, to award funding to projects and agree and enter into appropriate contractual arrangements; and 
  3. A programme funding extension for the spending of related project activity with a target review date of June 2026, be agreed.

 

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