Decision

1.   
That the Council, through its budget setting process, establishes a
£20m economic investment fund (Fund) through its capital
programme for the years 2025 – 2030 to fund the priority
areas detailed in the report.

 
2.   
That authority be delegated to the Executive Director (Place), in
consultation with the Leader of the Council, to take all decisions
necessary to implement the Fund in accordance with the priority
investment areas detailed in the report.  Where any business cases arising from the Fund are
in excess of £500k they shall be referred to the Leader of
the Council for approval in accordance with Rule 8.9 of the
Financial Regulations within the Constitution, and that these
business cases be subject to consideration by the relevant scrutiny
committee prior to a decision being taken.