6 Place Development - Funding Allocation PDF 400 KB
The Council has been successful in securing funding to enable the development of a community led masterplan for Epsom Town Centre as follows: -
· £125,000, from The Department for Levelling Up, Housing and Communities Round 2 of the PropTech Engagement Fund to fund digital community engagement associated with the Epsom Town Centre Masterplan
In addition, as part of a Joint East Surrey bid, the Council has been successful in securing £125,000 through the LEP to provide a Shared East Surrey Economic Development Initiative.
Decision:
Following consideration, it was resolved to:
(1) Agree to delegate authority to the Head of Place Development to use the allocation of £100,000 awarded to the Council through the LEP Regional Projects Development Fund for the development of an Epsom Town Centre Masterplan.
(2) Agree to delegate authority to the Head of Place Development to use the allocation of £125,000 awarded to the Council through The Department for Levelling Up, Housing and Communities Round 2 of the PropTech Engagement Fund digital community engagement for the Epsom Town Centre Masterplan
(3) Agree to delegate authority to the Head of Place Development to use the allocation of £125,000 to the four East Surrey local authorities through the LEP to provide a Shared East Surrey Economic Development Initiative.
(4) Note that the consultation period is from the end of July 2022 to 31 August 2022.
Minutes:
The Committee received a report setting out that Council has been successful in securing funding to enable the development of a community led masterplan for Epsom Town Centre as follows: -
£100,000 through the LEP Regional Projects Development Fund to fund the development of an Epsom Town Centre Masterplan.
£125,000, from The Department for Levelling Up, Housing and Communities Round 2 of the PropTech Engagement Fund to fund digital community engagement associated with the Epsom Town Centre Masterplan.
In addition, as part of a Joint East Surrey bid, the Council has been successful in securing £125,000 through the LEP to provide a Shared East Surrey Economic Development Initiative.
The Committee considered the following matters:
a) Purpose of the funds: Officers stated that the purpose of the funds was to fund specialist external input.
b) Timeframe to spend funds: Officers stated that the time available within which the funds have to be spent, is tight, and that all funds have to have been spent by the end of September 2022.
c) Epsom Town Centre Masterplan: it was agreed that the word “leisure” be added to bullet 2 under item 2.3 so that it reads: “The facilities and infrastructure that would be needed to support the development of key sites (parking, retail, social, community, transport and leisure)”.
Following consideration, it was resolved to:
(1) Agree to delegate authority to the Head of Place Development to use the allocation of £100,000 awarded to the Council through the LEP Regional Projects Development Fund for the development of an Epsom Town Centre Masterplan.
(2) Agree to delegate authority to the Head of Place Development to use the allocation of £125,000 awarded to the Council through The Department for Levelling Up, Housing and Communities Round 2 of the PropTech Engagement Funddigital community engagement for the Epsom Town Centre Masterplan
(3) Agree to delegate authority to the Head of Place Development to use the allocation of £125,000 to the four East Surrey local authorities through the LEP to provide a Shared East Surrey Economic Development Initiative.
(4) Note that the consultation period is from the end of July 2022 to 31 August 2022.