Decision

That the following project is submitted to the
YNYCA (York and North Yorkshire Combined Authority) for funding in
line with their invitation to bid for gainshare monies:
• Electric Vehicle charging in Northallerton / Bedale /
Stokesley / Thirsk / Easingwold / Gt Ayton - £200k
If the application is successful, a decision on whether to accept
the funding will be taken in line with the Council’s
governance procedures.

Reasons for the decision

The recommendation will secure additional
external funding to bring forward a significant regeneration
proposal in North Yorkshire, with major economic benefits for the
local area.

Alternative options considered

Major regeneration projects from across NY
have been assessed, with involvement from Economic Development,
Regeneration, Highways, Planning, and Housing. Projects have been
discounted if:
• they can be delivered by other funds (e.g. Towns Fund)
• there are significant obstacles and delay to their
delivery
• they create unbudgeted costs for NYC