That the Corporate Director – Resources approves the submission of the bid totalling £1,572,400. This being made up £492,400 Revenue and £1,080,000 Capital.
To authorise the commitment of match funding totalling up to £724,600 (subject to bid acceptance), of which £189,600 is from existing sources and to note the match funding shortfall of up to £535,000 is proposed to be met from the Council’s maintenance budget.
To note that if the application is successful, a further report will be brought forward in line with the Council’s governance process.