Purpose

Authority was sought from
Cabinet to move £2,800,000 of funding from the Margate Town
Deal Active Movement and Connections Intervention, to the Scaling
Margate’s Creative Production and Skills - Margate Theatre
Royal scheme. This is possible due to the council being part of
central governments Simplification Pathfinder Pilot.

Decision

Cabinet agreed the following:
 
1. 
Note that moving funding between themes and projects up to a value
of £5,000,000 is permissible under the Simplification
Pathfinder Project;
 
2. 
Provide approval to the reallocation of £2,800,000 from the
revised Active Movement and Connections Intervention to the Scaling
Margate’s Creative Production and Skills - Margate Theatre
Royal scheme;
 
3. 
Agree that any remaining funding in the Active Movement and
Connections Intervention be held in contingency until the council
is informed of the outcome of the Cultural Development Fund
bid.