Purpose

A report on the end of programme performance update and closedown arrangements.

Decision

DECISION:

RESOLVED:

1. That the Board notes the successful delivery and completion of the Cornwall and Isles of Scilly Good Growth Shared Prosperity Fund (including Multiply) and Rural England Prosperity Fund Programme during the period 2022-2026.
2. That the Board recognises the economic, social and environmental benefits delivered through £268.988m of total investment across Cornwall and the Isles of Scilly made possible through £186.292m the from Shared Prosperity Fund.
3. That the Board notes that this will be the final meeting of the Cornwall and Isles of Scilly Economic Prosperity Board due to the Cornwall and Isles of Scilly Good Growth Shared Prosperity Fund Programme financially ending on 30 September 2026.
4. That the Board endorses the programme closure arrangements set out within this report, including financial reconciliation, project closure activities, governance requirements and ongoing monitoring and reporting obligations.
5. That the Board notes that residual decision making that would have been the responsibility of the Board will be discharged in accordance with the relevant authority’s Constitution/Standing Orders and Scheme of Delegation as set out in the report.
6. That the Board notes that changes to Constitution/Standing Orders consequential to the Board closing down will be made by the Monitoring Officer for Cornwall Council in accordance with his delegated authority and by Full Council for the Council of the Isles of Scilly.

Reason for the Decision: 

As contained within the report.

Alternative options considered:

None other than contained within the report.

Conflicts of interest declared:

None.

Dispensations granted in respect of a conflict of interest:

N/A