Decision

1.     
That Cabinet delegates
approval for award of contracts to the Strategic Director of the
Economy and Strategic Director for Finance, in consultation with
the Cabinet Member for the Economy and Cabinet Member for Climate
Change and Ecology with contracts awarded after the announcement of
grant funding in March /April 2024.

 

2.     
That Cabinet notes the
contracts will be up to a value of £ 12 m (subject to the
size of the PSDSC grant awarded by Salix), but where the total
value of the contract will not exceed the combined amount of grant
funding received (£5.465m or less) and Council funding
available to be allocated to the scheme.
 

3.     
If the current
application with Salix is unsuccessful, for Cabinet to confirm the
same delegation for future Salix applications up the same value of
£ 12 m without returning to Cabinet again for
approval.