Issue - meetings

Recommendations

1)    Members approve up to a 15-month period for the Eastfield community to develop and submit a coordinated investment plan (including robust business cases) as part of the TIP development process and instruct NYC Officers to support any community driven arrangements and plan development as required.  This includes the development of appropriate criteria against which such business cases will be assessed and awarded, to ensure fairness, transparency and the best use of the remaining capital receipts.

2)    Note the fallback clause allowing NYC to reallocate funds if no plan materialises by March 2027.

Considered – A report of the Assistant Chief Executive Local Engagement providing an update on the historical agreement between Keepmoat developers and former Scarborough Borough Council, including the programme of capital receipts and seeking direction on the funding that remains unallocated.

The Executive Member for Corporate Services, Councillor Heather Phillips, introduced the report which sought approval for development of a community investment plan in relation to £3.2 million of unallocated funding intended for regeneration activity in Eastfield.  Mr Jim Bullock of Phoenix Community Park CIO made a statement to which Councillor Heather Phillips responded, as detailed at Minute 802.

Councillor Tom Seston, the Division Member for Eastfield, welcomed the opportunity the funding provided for Eastfield and requested that the Council look at match funding and appointing a project manager for the scheme.  The Executive Member responded that the council was already providing support and emphasised the need to ensure long term sustainability of the scheme.

The Corporate Director of Finance advised that the council would be sympathetic to looking at seed funding if it would help with progress, however it was hoped that the project would remain community-led.  It was confirmed that the scheme would satisfy match funding contribution requirements

Resolved (unanimously)

1)    Approval be given to up to a 15-month period for the Eastfield community to develop and submit a coordinated investment plan (including robust business cases) as part of the TIP development process and instruct NYC Officers to support any community driven arrangements and plan development as required.  This includes the development of appropriate criteria against which such business cases will be assessed and awarded, to ensure fairness, transparency and the best use of the remaining capital receipts.

2)    The fallback clause allowing NYC to reallocate funds if no plan materialises by March 2027 be noted.

Reasons for recommendations

There is £3.2 million residual capital receipts funding currently unallocated; the recommendation aligns with the spirit of the original agreement set out between former Scarborough Borough Council and Keepmoat Homes, and NYC’s commitment to local engagement and empowerment outlined in the TIP development process.  

Alternative options considered

There are no alternative options for consideration.  In keeping with the spirit of the original agreement set out by former SBC and Keepmoat Homes, and the high levels of community expectation in relation to this funding, it is determined that the proposals set out in this report is the only option available.