Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: March 18, 2025

Purpose:

Content: (i)              That the delivery of the SPF programme be noted and that the Deputy Chief Executive in conjunction with the Deputy Leader of the Council and Portfolio Holder - Finance, Town Centres and Growth is authorised to approve any under spend within the funding available.   (ii)             That any funding allocated as part of the UK Shared Prosperity Fund 2025/26 as the accountable body, be accepted.   (iii)           That the Newcastle SPF Board continue to be supported and the delivery of interventions in line with the national SPF programme and investment plan also be supported.   (iv)           That the Deputy Chief Executive in conjunction with the Deputy Leader of the Council and Portfolio Holder - Finance, Town Centres and Growth, be authorised to:   a.     Enter into any Grant Funding Agreements with the Government as required for the programme b.     Deliver with any amendments as necessary, the projects as required to meet the interventions; c.     Award contracts or Funding Agreements to deliver the range of projects to meet the interventions required   (v)             That further updates be received on the availability of future SPF or future investment  programmes as announced by Government.