Purpose

The report outlines the receipt of
£24.3m of capital funding from the Department of Levelling
Up, Housing and Communities Towns Fund which has been injected into
the Council’s capital programme. 
The report details the approved Town Investment Plan six projects
and the subsequent approval of the Summary Business Cases by Towns
Fund team.
 
The report outlines the governance that has
been developed and adopted and the continued role for the Council
in supporting the Town Deal Board as accountable body for the
funding and management of the delivery programme over its
lifetime.
 
The report also outlines the high-level
principles and process in relation to subsidies, including the
process for the third-party grant awards as part of the delivery
approach.
 
The decisions required from Executive Board
are to:
a.  Approve
that the Director of City Development will use delegated powers to
approve project capital spend in consultation with the Executive
Member for Sustainable Development and Infrastructure, and the
Morley Town Deal Board.
b.  Approve
that the Director of City Development will use delegated powers to
enter into any appropriate contracts or
grant agreements required inconsultation with the Executive Member for
Sustainable Development and Infrastructure, and the Morley Town
Deal Board.