Decision Maker: Executive
Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: No
Decision:
(Minute 27)
The report of the Projects and Business
Manager was submitted, beginning the review of eligibility and
evaluation criteria for the New Homes Bonus Local Infrastructure
Fund.
Executive noted and supported the revised
criteria recommended by the Major Grants and New Homes Bonus Panel
in the following terms:
- Upper
limit should remain as 20% of the fund for the year (and
therefore currently £50,000 per application); in practice
there is only £32,240 left for 2013/12
- Applications should be limited to one financial year at a
time.
- Repeat bids for
the same project should continue to be allowed, but continuing
support for existing projects needs to be balanced with support for
worthwhile new projects.
- Revenue
bids should continue to be allowed, but only in exceptional
circumstances and time limited (normally for one year
only).
- Areas of the city
with significant past or future growth will be
favoured.
- Projects will be
expected to secure significant funding from other
sources.
- Joint projects will
be favoured, for example whereby two or more organisations pool
their resources to provide or improve a joint facility.
- County
Council functions (e.g. highway works) will not be eligible.
City Council functions (especially community facilities) will
continue be eligible, although not normally for something that
should be provided as part of ordinary service
delivery.
- Projects for which a
more suitable funding stream exists (eg. arts or rent grants) will
not normally be eligible, regardless of whether money is actually
available from that source.
Publication date: 21/03/2013
Date of decision: 19/03/2013
Decided at meeting: 19/03/2013 - Executive
Accompanying Documents: