Issue - decisions

Feasibility Fund Allocation: Rotherham Markets Future Vision and Operations

05/09/2024 - Feasibility Fund Allocation: Rotherham Markets Future Vision and Operations

ROTHERHAM METROPOLITAN BOROUGH COUNCIL

 

RECORD OF OFFICER EXECUTIVE DECISION

 

Date of Decision:

29th August, 2024

Title:

Feasibility Fund Allocation: Rotherham Markets Future Vision and Operations

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 £38,000 of this fund.

 

The allocation will be used to appoint a team of consultants to develop an appropriate and ambitious concept for the new market and food hall.

 

In line with the approved delegation the following have been consulted.

 

Leader of the Council – 16th July 2024

 

Assistant Director Financial Services – 27th August 2024

 

Cabinet Member for Jobs & Local Economy – 4th August 2024

Reasons for the Decision:

Allocation of £38,000 to undertake engagement, analysis and develop recommendations for the strategic vision and ongoing operation of the new Rotherham Markets.

Details of alternative options considered and rejected:

Funding could be sought from alternative sources through capitalisation or Council revenue.

 

Alternatively, this work could not be taken forward.

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: Markets Future Vision and Operations

 

I certify that this is a true record of the executive decision to approve The South Yorkshire Mayoral Combined Authority (SYMCA) allocated £3m revenue to Rotherham Metropolitan Borough Council as a ‘Feasibility Fund’

 

Signed by the Decision Maker          

Dated: 29th August, 2024

 

Name: Andrew Bramidge

Job Title: Strategic Director, Regeneration & Environment