Content

Salford City Council - Record of Decision
 
I,
Councillor Jack Youd, Deputy City Mayor and Lead Member for
Finance, Support Services and Regeneration, in exercise of the powers contained within the City
Council Constitution do
hereby:

Note the funding secured by the
Council from the Greater Manchester Combined Authority (GMCA) and
Homes England to support future development across the Crescent
area;
Approve the Council entering into
Grant Funding Agreements with the Greater Manchester Combined
Authority, Homes England and English Cities Fund in relation to the
above funding; and
Grant delegated authority to the
Executive Director, Place, City Solicitor and Chief Finance Officer
to finalise all contractual, financial and legal arrangements in
respect of the expenditure of this funding.

 
The Reasons are:
As appointed developer partner for Crescent,
ECF will lead on the commissioning of various consultancy teams for
the above work, with all work being completed in advance of the
expenditure deadline of end of March 2025. In order to draw down
the RDEL and Investment Zone funding, the Council needs to enter
into grant funding agreements with both the GMCA and Homes England.
In order to transfer the funds to English Cities Fund (ECF), who
will manage the various commissions for which this funding will be
used to support, a back-to-back Grant Funding Agreement is also
required between the Council and ECF, which will reflect the terms
set out in the Council’s agreements with GMCA and Homes
England. 
 
Options considered and rejected were: Not to
proceed with the commissions for which the funding has been secured
to complete.
 
Assessment of Risk: Low
 
The source of funding is:
 

Homes England RDEL
Funding: £95,000 for Adelphi Development Zone and
£130,000 for Crescent Development Zone; and
GMCA Investment Zone
revenue funding: £200,000 for Crescent Innovation
Zone.

 
 
Legal Advice obtained: Lauren Armstrong, Shared Legal Service
 
Financial Advice obtained: Daniel Hillman,
Senior Accountant
 
Procurement Advice obtained: Deborah
Derbyshire, Category Manager, Procurement Team
 
HR Advice obtained: N/A
 
Climate Change Advice obtained: Dan Welsh,
Principal Programme Manager, Development Team
 
The following documents have been used to
assist the decision process:
 
-      
Report of the Strategic Director, Place, to Property and
Regeneration Briefing (Approval of the Crescent Development
Framework 2021), 25th January 2021.
-      
Report of the Strategic Director, Place, to Property and
Regeneration Briefing (Approval of the Crescent Strategic Master
Programme and Delivery Plan), 26th April 2021
Contact Officer: Dan Welsh - Principal Programme Manager, Development
Team            
Telephone number: 0161 793 2630
 
-      
This decision is not subject to consideration by another Lead
Member.
-      
The appropriate scrutiny to call-in the decision is the Growth and
Prosperity Scrutiny Panel.                       
 
 
Signed: Councillor Jack Youd
Deputy City Mayor and Lead
Member for Finance, Support Services and Regeneration
Dated: 14 October 2024
 
 
 
 
This decision was published on Monday 14 October 2024                                           
This decision will come in force at 4.00 p.m. on Monday
21 October 2024
unless it is called-in in
accordance with the Decision Making Process Rules.