6. SHARED PROSPERITY FUND
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To provide an update on the Shared Prosperity Fund (SPF)
Investment Plan submitted by 1 August 2022 under the terms of
delegation agreed by the Executive at its meeting on 16 May
2022(EX20/2022) and the subsequent approval received from the
Government on 5 December 2022.
Additional documents:
Decision:
The Executive agreed the
recommendations as outlined above namely:
- To
note the report
- To
delegate to the Chief Executive, the Director of Communications and
Regeneration or the Director of Strategy ( Assistant Chief
Executive) the authority to sign off any agreements within their
area of responsibility, necessary for taking forward the Shared
Prosperity Fund Investment Plan including any internal Service
Level Agreements for Council led-projects.
- To
authorise the Head of Legal Services to enter into any contracts
necessitated by the successful funding approval.