Issue - meetings

Future High Street Fund - Chatham

Meeting: 19/11/2019 - Cabinet (Item 9)

9 Future High Street Fund Chatham - Business Case Development PDF 412 KB

Minutes:

Background:

This report provided details of an update on the development of the Business Case for the Future High Streets Fund Chatham funding bid. The report stated that in early 2019, the Council had developed and submitted an Expression of Interest (EOI) for funding to regenerate and re-imagine Chatham’s High Street and town centre working closely with key partner organisations. During early August 2019, the Ministry for Housing, Communities and Local Government (MHCLG) had informed the Council that the EOI had been successful and the Council had been invited to develop and submit an outline business case by 15 January 2020 and a final business case by 30 April 2020.

The report provided details of the further work required to develop and submit the outline and final business cases as well as the projects being scoped as part of this process.

Decision number:	Decision:
132/2019	The Cabinet agreed to support the development and submission of the outline and final Future High Street Chatham Business Cases in accordance with paragraphs 2.2 and 2.3 and section 3 of the report.
133/2019	The Cabinet agreed to delegate authority to the Director Regeneration, Culture, Environment and Transformation and Deputy Chief Executive, in consultation with the Portfolio Holder for Planning, Economic Growth and Regulation to develop, finalise and approve the outline and final Business Cases and submit them to the Ministry of Housing, Communities and Local Government by the deadlines set out in paragraph 2.8 of the report.

Reasons:

To enable the Future High Streets Fund bid to be submitted to the Ministry of Housing, Communities and Local Government in line with the deadlines set out at paragraph 2.8 of the report.

To support the priorities within Medway Council’s Strategy in regenerating Chatham as Medway’s Waterfront University City Centre.