Agenda and minutes

Venue: Exchange Room 7 - The Exchange - County Hall, Preston. View directions

Contact: Holly Tween  Tel: 01772 537955 Email:  holly.tween@lancashire.gov.uk

Items
No. Item

1.

Welcome and Apologies for Absence

Minutes:

The Chair welcomed all in attendance.

 

Apologies had been received from Alan Cavill and Michael Ahern.

2.

Declaration of Interests

Minutes:

Denise Park declared an interest in South East Blackburn Residential and Health Campus project, and the Darwen East Development Corridor project.

 

Marcus Hudson declared an interest in the Lancashire County Council led Samlesbury Aerospace Enterprise Zone project.

3.

Date of Next Meeting

The next meeting will be held at 1.30pm on Wednesday 09 October 2019 in the Lancashire LEP Offices, Old Dock House, 90 Watery Lane, Preston, PR2 1AU.

Minutes:

The next meeting had been scheduled for October, but a new date in mid-November was being sought.

4.

Exclusion of the Press and Public

The Committee is asked to consider whether, under Section 100A(4) of the Local Government Act 1972, it considers that the public should be excluded from the meeting during consideration of the following items of business on the grounds that there would be a likely disclosure of exempt information as defined in the appropriate paragraph of Part I of Schedule 12A to the Local Government Act 1972 as indicated against the heading to the item.

Minutes:

Resolved: That the press and public be excluded from the meeting during consideration of the following items of business on the grounds that there would be a likely disclosure of exempt information as defined in the appropriate paragraph of Part 1 of Schedule 12A to the Local Government Act, 1972, indicated against the heading to the item. It was considered that in all the circumstances the public interest in maintaining the exemption outweighed the public interest in disclosing the information

5.

Growth Deal - Unallocated Funding Recommendations

Minutes:

The committee received a presentation from Graeme Collinge from Genecon, setting out the detail of the appraisal of each of the business cases. The committee first considered the top seven ranked projects which could be fully funded. The committee asked questions and discussed each project. The following points were raised:

 

Samlesbury Aerospace Enterprise Zone

The committee requested that formal legal advice be sought to clarify the position around State Aid, to be received by the Programme Manager by mid-October.

 

Futures Park

The committee requested that formal legal advice be sought to clarify the position around State Aid, to be received by the Programme Manager by mid-October.

 

Skelmersdale Town Centre

It was noted that West Lancashire Borough Council and St Modwens need to agree a new Development Funding Agreement to deliver the project as St Modwens' development rights expire in 2020. The committee requested that the impact of the procurement risk be clarified.

 

South East Blackburn Residential and Health Campus additional highways

It was noted that this was an extension to the existing Pennine Gateway project, and that, due to the resource and timescales necessary to produce a transport business case, the extension would be considered under the main business case to be submitted in October.

 

The committee considered the other five projects on the list, which are outside the scope of the funding currently available and questions and a discussion took place.

 

The process to deal with the reallocation of the remaining £790,000 of the unallocated funding was discussed.

 

It was agreed that the five projects currently on the list should be reassessed, with an increased emphasis on deliverability within the timescales.

 

It was noted that a change request was expected from an existing project which would release a further £750,000 back into the unallocated pot.

 

In relation to potential additional funding, the committee were informed of developments in the M55 St Annes Link Road project, which at the previous Board meeting the committee had agreed to be reviewed. An agreement was being developed between Homes England and the developer, which would be finalised by November/December 2019. The Committee agreed to support this project until then, but if the deal had not been finalised by this time, it was agreed to reallocate the £1.980m according to the Growth Deal's reallocation process.

 

Resolved: that the Growth Deal Management Board

 

1.  Recommend to the Lancashire Enterprise Partnership Board that Growth Deal funding approval be given to the following projects subject to the conditions as detailed in each of the appraisal summary reports, and the finalisation and execution by Lancashire County Council under the guidance of the Directors of Corporate Services and Economic Development and Planning, of a Grant Funding Agreement and other relevant legal documentation as may be necessary to protect the interests of the LEP:

  i.  Samlesbury Aerospace Enterprise Zone - £6.725m

  ii.  Futures Park - £1.530m

  iii.  Food and Farming Innovation and Technology - £365,000

  iv.  Skelmersdale Town Centre Redevelopment - £2.000m

  v.  New STEM Technology Centre -  ...  view the full minutes text for item 5.

6.

Any Other Urgent Business - Quality Corridors: Additional Funding Request, September 2019 - Blackpool

Minutes:

The committee considered the additional funding request from the existing Blackpool Quality Corridors project. The project was delivering successfully to spend and timescales, and the additional request was in response to increasing demand for capital funds to improve properties in the priority area.

 

It was agreed that this project should be considered in the next tranche of funding decisions.

 

In order to be fair and transparent, it was agreed that a communication be sent to the other existing projects to advise them that there may be further unallocated funding available to projects that wish to extend, providing they are deliverable before March 2021.

 

Although it was acknowledged that there would not be time to consider new schemes, it was agreed that organisations could be encouraged to develop oven-ready projects to create a pipeline, should further funding become available to the LEP.

 

Resolved: the Growth Deal Management Board agreed

 

1.  That the Programme Manager progress the Blackpool Quality Corridors project application for additional funding with Blackpool Council, and that the project be considered in the next tranche of funding decisions

 

2.  Agree that a communication be sent to existing projects to advise them that there may be further unallocated funding available to projects that wish to extend, providing they are deliverable before March 2021, and that organisations could consider developing oven-ready projects to create a pipeline, should further funding become available