Delegate Authority approved to the Director of Regeneration and Culture, and Director of Finance in relation to awarding an advanced payment of up to £178,470.54 of Future High Street Fund, in line with the lease / funding agreement for the fit out and occupation of the Wired Lobby in Captain Cook Square.
This authority arises from the: Towns Fund and Future High Streets Fund Executive report of 27 May 2021. Citing recommendations A and D:
a)approve the funding offer for Middlesbrough Council’s funding bid for the investment of the Future High Street Fund (FHSF) allocation, which equates to a total of £14.1m, as detailed within Appendix A;
b)That the Director of Regeneration and Culture and the Director of Finance be delegated approval to vire allocations beneath the £14.1m FHSF allocation, insofar as the objects of the programme and the outputs be consistent with the objectives of the bid, and subject to grant conditions and change control processes
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 25/07/2022
Decision due: 13 Jun 2022 by Director of Finance, Director of Regeneration and Culture
Contact: Ian Wright Email: firstname.lastname@example.org.