Purpose

Allocation of funds to
undertake engagement, analysis and develop recommendations for the
strategic vision and ongoing operation of the new Rotherham
Markets.

Decision

ROTHERHAM METROPOLITAN BOROUGH COUNCIL

 

RECORD OF OFFICER EXECUTIVE DECISION

 

Date of Decision:

29th August, 2024

Title:

Feasibility Fund
Allocation: Rotherham Markets Future
Vision and Operations

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 £38,000
of this fund.
 
The
allocation will be used to appoint a team of consultants to develop
an appropriate and ambitious concept for the new market and food
hall.
 
In line with the
approved delegation the following have been consulted.
 
Leader of the
Council – 16th July 2024
 
Assistant Director
Financial Services – 27th August 2024
 
Cabinet Member for Jobs & Local Economy
– 4th August 2024

Reasons for the Decision:

Allocation of £38,000 to undertake engagement, analysis and develop recommendations for
the strategic vision and ongoing operation of the new Rotherham
Markets.

Details of alternative options
considered and rejected:

Funding could be sought from
alternative sources through capitalisation or Council
revenue.
 
Alternatively, this work could not be taken
forward.

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: Markets Future Vision and
Operations

 
I certify that this is a true
record of the executive decision to approve The South Yorkshire Mayoral Combined Authority
(SYMCA) allocated £3m revenue to Rotherham Metropolitan
Borough Council as a ‘Feasibility Fund’
 
Signed by the Decision
Maker          

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