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RESOLVED that Cabinet –
 

(a)   accepts the High Street Accelerator Funding offered
by the Department for Levelling Up, Housing and Communities and
authorises the Corporate Director (Place and Economy) and the
Section 151 Officer to enter into a Memorandum of Understanding on
behalf of the Council, which sets out the agreement;

(b)   delegates the forming of the High Street Accelerator
Board, and acceptance of its Terms of Reference, to the Portfolio
Holder for Economic Growth, Regeneration & Tourism;

(c)   accepts the Long Term Plan for Towns Funding offered
by the Department for Levelling Up, Housing and Communities and
authorises the Corporate Director (Place and Economy) and the
Section 151 Officer to enter into a Memorandum of Understanding on
behalf of the Council, which sets out the agreement;

(d)   delegates the forming of the Towns Board, and
acceptance of its Terms of Reference, to the Portfolio Holder for
Economic Growth, Regeneration & Tourism;

(e)   delegates the authorisation
of the spending of the £45,000 Levelling Up Partnership
Capacity Payment to the Portfolio Holder for Economic Growth,
Regeneration & Tourism; and

(f)   delegates entering into any
agreements with the Department for Levelling Up, Housing &
Communities for the funding streams set out in this report (LU
Partnership, Long Term Plan For Towns, High Streets Accelerator) to
the Corporate Director (Place and Economy), in consultation with
the Section 151 Officer.