Decision details

Approval is needed to progress 3 schemes.

RESOLVED that Cabinet:-

1.    Agrees to release the capital funds earmarked to deliver a third phase of the property investment fund scheme as detailed in this report;

2.    Notes the outcomes achieved through the Property Investment Fund to date and the ongoing economic need and demand for commercial development within Barnsley;

3.    Approves the recommendation on how to proceed with the proposal to support a further three schemes set out in the report;

4.    Approves the release of capital reserves in the form of grant payments to support the proposals outlined in the report;

5.    Delegates authority to the Service Director, Regeneration and Culture to take the decisions on the applications and enter into grant agreements to give effect to those decisions subject to the financial envelope set out in the report, and any necessary consultation with legal and finance.