Agenda and minutes

Resolved:-  That, under Section 100A(4) of the Local Government Act 1972, the press and public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information as defined in those paragraphs indicated below of Part I of Schedule 12A to the Local Government Act 1972 (information relating to the financial or business affairs of any person (including the Council)).

Resolved:-  That, under Section 100A(4) of the Local Government Act 1972, the press and public be excluded from the meeting for the following item of business on the grounds that it involves the likely disclosure of exempt information as defined in Paragraph 3 of Part I of Schedule 12A to the Local Government Act 197 information relating to the financial/business affairs of any person (including the Council)).

The Director of Housing and Neighbourhood Services submitted the Deed of Variation relating to the funding agreement for implementation of the South Yorkshire Housing Market Renewal Pathfinder (HMRP).  The Deed of Variation presented by the Home and Communities Agency amends the initial funding agreement signed by the South Yorkshire local authorities in 2004.

The proposed Deed of Variation introduced insertions and amendments to the HMRP funding agreement summarised as follows;-

-        Grants payable on condition that the Pathfinder achieved the Programme targets specified for the period 2009/10 or any revised targets subsequently agreed with the HCA

-        That the sub-regional funding allocation was for a maximum of £37,656,000 of which £3,810,000 be authorised for revenue purposes

-        That the HCA be prepared to allow up to 10% of the funding available in 2009/10 to be carried over to the financial year 2010/11 if the participating authorities experienced delays in projects

-        That the HCA be prepared to allow up to 10% of the funding available in 2010/11 to be brought forward for use in 2009/10 up to a sum of £3,765,000

-        That Rotherham warrants the payment of £19,000 of match funding commitment for the year ending in March, 2010

-        That the Participating Authorities must use reasonable endeavours to raise match funding from other public and private sector sources

The document had already been signed and sealed by Doncaster and Barnsley Metropolitan Borough Councils and required prompt authorisation to ensure that grant payments were received for the period 2009/10.

Resolved:-  That (in accordance with the Council's Constitution (Overview and Scrutiny Arrangements)), and subject to the Mayor's agreement, approval be given to the signing and sealing of the Deed of Variation on behalf of Rotherham Metropolitan Borough Council.