Purpose

Allocation of funds to
undertake feasibility work into the development of key strategic
sites in the town centre.

Decision

ROTHERHAM METROPOLITAN BOROUGH COUNCIL

 

RECORD OF OFFICER EXECUTIVE DECISION

 

Date of Decision:

29th August 2024

Title:

Feasibility Fund
Allocation: Strategic Sites

Decision Maker:
(Including Job
Title)

Andrew Bramidge, Strategic Director
Regeneration & Environment

Specific Delegation:
(If any)

In June 2023 Cabinet delegated the decision to
allocate and spend the £3m Feasibility Fund to the Strategic
Director for Regeneration & Environment in consultation with
the Leader of the Council and Assistant Director Financial
Services.

Printed minutes Monday 19-Jun-2023 10.00 Cabinet.pdf
(rotherham.gov.uk)
Minute 8/23

Brief Description of
Decision:

The
South Yorkshire Mayoral Combined Authority (SYMCA) have allocated
£3m revenue to Rotherham Metropolitan Borough Council as a
‘Feasibility Fund’. A grant agreement has been signed
to accept the funding and the decision is to allocate
£600,000 of the Feasibility Fund to support the redevelopment
of Strategic Sites in the town centre.
 
 
 

Reasons for the Decision:

Allocation of £600,000 to accelerate the
first stages of planning and feasibility for a programme of
interventions which seeks to secure a future for these sites and
meet the Council’s long-standing aims for regeneration of the
town centre as a vibrant and successful place. 

Details of alternative options
considered and rejected:

The Feasibility Fund is
specifically allocated for the progression of Rotherham’s
PBIS and the projects and ambitions described above are part of
this strategy. The feasibility Fund is therefore considered the
best source for this proposal.
 
Alternatively, this work could not be taken
forward at this time.

Conflicts of interest declared by any
Executive Member consulted by the decision maker which relates to
the decision:

None declared

Dispensations Granted:
(If any)

None
 

Reports or parts of reports
considered

Feasibility Fund Allocation: Strategic Sites

 
I
certify that this is a true record of the executive decision to
approve the decision to allocate
£600,000 of the Feasibility Fund to support the redevelopment
of Strategic Sites in the town centre.
 
 
Signed by the Decision
Maker          

Dated: 29th August, 2024
 
Name: Andrew
Bramidge                    
Job Title: Strategic Director,
Regeneration & Environment