Issue - decisions

Feasibility Fund Allocation: Strategic Sites

05/09/2024 - Feasibility Fund Allocation: Strategic Sites

ROTHERHAM METROPOLITAN BOROUGH COUNCIL

 

RECORD OF OFFICER EXECUTIVE DECISION

 

Date of Decision:

29th August 2024

Title:

Feasibility Fund Allocation: Strategic Sites

Decision Maker:

(Including Job Title)

Andrew Bramidge, Strategic Director Regeneration & Environment

Specific Delegation:

(If any)

In June 2023 Cabinet delegated the decision to allocate and spend the £3m Feasibility Fund to the Strategic Director for Regeneration & Environment in consultation with the Leader of the Council and Assistant Director Financial Services.

Printed minutes Monday 19-Jun-2023 10.00 Cabinet.pdf (rotherham.gov.uk)

Minute 8/23

Brief Description of Decision:

The South Yorkshire Mayoral Combined Authority (SYMCA) have allocated £3m revenue to Rotherham Metropolitan Borough Council as a ‘Feasibility Fund’. A grant agreement has been signed to accept the funding and the decision is to allocate £600,000 of the Feasibility Fund to support the redevelopment of Strategic Sites in the town centre.

 

 

 

Reasons for the Decision:

Allocation of £600,000 to accelerate the first stages of planning and feasibility for a programme of interventions which seeks to secure a future for these sites and meet the Council’s long-standing aims for regeneration of the town centre as a vibrant and successful place. 

Details of alternative options considered and rejected:

The Feasibility Fund is specifically allocated for the progression of Rotherham’s PBIS and the projects and ambitions described above are part of this strategy. The feasibility Fund is therefore considered the best source for this proposal.

 

Alternatively, this work could not be taken forward at this time.

Conflicts of interest declared by any Executive Member consulted by the decision maker which relates to the decision:

None declared

Dispensations Granted:

(If any)

None

 

Reports or parts of reports considered

Feasibility Fund Allocation: Strategic Sites

 

I certify that this is a true record of the executive decision to approve the decision to allocate £600,000 of the Feasibility Fund to support the redevelopment of Strategic Sites in the town centre.

 

 

Signed by the Decision Maker          

Dated: 29th August, 2024

 

Name: Andrew Bramidge                    

Job Title: Strategic Director, Regeneration & Environment