Purpose

To consider
recommendations from the Rural England Prosperity Fund Assessment
Panel.

Content

The Chief Executive, in
consultation with the Cabinet Member for Economy and Council
Transformation resolved to approve the recommendation of the Rural
England Prosperity Fund Assessment Panel and awarded funding to a
project in the district (see Annex 1).

Reasons for the decision

One of the approved
projects—an active travel scheme promoted by Somerford Keynes Parish Council, to which funding
of £25,000 had been allocated—was withdrawn, as it was
no longer considered deliverable within the required timescale. The
funding therefore needed to be reallocated to another project to
enable the Council to utilise the Rural England Prosperity Funding
allocated by Government and to deliver the outputs and outcomes set
out in the REPF Local Investment Plan addendum.

Alternative options considered

Consideration was given to the
option of not approving the panel’s recommendation; however,
this was dismissed as it would have risked underspending the
allocated funds and failing to achieve the outputs and outcomes
expected of the Council.