Issue - meetings

Approval to drawdown section 106 receipts to fund the activities of the Work Matters (Employment and Skills) and The Business Investment Teams 2018-2020

Meeting: 04/03/2019 - Cabinet (Item 147)

147 Approval To Draw Down Section 106 Receipts To Fund The Activities Of The Work Matters (Employment & Skills) And Business Investment Teams 2018-2020 pdf icon PDF 122 KB

Minutes:

Councillor Andrew Jones stated that the Work Matters (Employment and Skills) and Business Investment services would play a key role in the delivery of the Council’s Industrial Strategy, helping businesses thrive, encouraging enterprise and supporting residents into high quality training and employment.

 

 

RESOLVED:

 

1.    To approve the drawdown of Section 106 funding to support the following services:

Employment and Skills (Work Matters)

·         2018/19: £486,200   - relevant s106 ref AKA: 733/827

·         2019/20: £570,900   - relevant s106 ref AKA: 733/827

Business Investment and Growth

·      2018/19: £406,000   - relevant s106 ref AKA 733/777

·      2019/20: £607,100   - relevant s106 ref AKA 733/777

 

2.    To note that the drawdown for 2019/20 includes additional funding to support increased activity, including the Extended Markets programme and the Supply Chain project.