Decision details

Resolved:-

(1)        that Cabinet approve the updated governance arrangements relating to Phase 3 of the Towns Fund Programme;

(2)        that the Managing Director Commissioner, in consultation with the Leader of the Council, the Cabinet Member for Regeneration & Growth, and the Monitoring Officer be authorised to agree updates to Terms of Reference and arrangements for the Governance of the Towns Fund Programme in accordance with the Government’s Towns Funds Guidance;

(3)        that delegated authority be extended for the Section 151 Officer and Director for Regeneration & Growth, in consultation with the Cabinet Member for Regeneration & Growth, to approve Towns Fund virements of above £250,000 or 1% of approved Gross Expenditure budget (whichever is greater);

(4)        that approval be given for an exemption from Part 5 Section 4.4 of the       Council’s Financial Regulations to action (3) above.