REG 3315 - Allocation of LTP3 Grant Funding to assist Community Transport Organisations with vehicle purchase (new or replacement) (Table 3 Executive Function) (Part A)
February 6, 2025 Head of Transport and Contract Services (Officer) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to allocate £69,090 of LTP3 funding to Shildon Community Bus for 70% of the cost of a new minibus.
Full council record
Content
To approve the
allocation of £69,090 (LTP3 Funding) to ‘Shildon
Community Bus’ (SCB). This is a 70% contribution towards the
purchase of a new minibus at a total cost of £98,700. The
remaining 30% to be covered by SCB (residual value of the old
vehicle, secured external funding and organisation reserves).
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 6 Feb 2025 |