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Details

Status:
Implemented
Title:
Enterprise Zone Programme Management Levy
Include item on Forward Plan
Yes
Is Key Decision
No
Item Contains Exempt/Private Reports
No
Reference:
011840/2023
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Strategic Director Place, Prosperity and Sustainability
Implementation Date (not before meeting on)
Tue 19 Mar 2024
Purpose
To seek authority for the extension to the Programme team resources, to support the delivery of the Enterprise Zone and Legacy Programmes. The programme includes a number of key transformational projects. To seek authority to extend and accept Enterprise Zone funding to support delivery of the Enterprise Zone Investment Plan/s.
Key Portfolio
Leader
Decision Maker
Chief Officer Decision Maker
------ N/A ------
Reason For Key Decision
Total revenue exceeds £500,000 and total capital exceeds £1,000,000.
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet
Directorate
Place, Prosperity and Sustainability
Other Information
Private Reason
Decision Outcome

On 19 March 2024, Cabinet:-

 

  1. Approved in its capacity as the Council and as Accountable Body for the Enterprise Zone, the provision of up to £5,744,123 funding from ring-fenced EZ Business Rates Uplift Income to wholly cover programme costs for the period from 1 April 2024 to 31 March 2028;

     

  2. Approved the receipt of the GBSLEP Ltd residual funds, estimated to be £1.8m, at the point of that company’s liquidation and that the management of these funds in accordance with conditions and guidance set by GBSLEP Ltd is subsumed into the existing accountable body role of the council for the Enterprise Zone and Legacy Funds;

     

  3. Delegated authority to the Strategic Director of Place, Prosperity and Sustainability to take such actions as are necessary to ensure that the correct organisational structure and resources are in place to deliver the outcomes required within the timescales and budgets that have been set in compliance with the Council’s policies and procedures;

     

  4. Authorised the City Solicitor to negotiate, execute and seal and complete all necessary agreements and documentation to give effect to the above decisions.

 

THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 25 MARCH 2024.

Would the recommended decision be contrary to the budget and policy framework:
No
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

Bordesely & Highgate; Ladywood; Nechells; Soho & Jewellery Quarter

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

Economy and Skills Overview and Scrutiny Committee
Finance and Resources Overview and Scrutiny Committee

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Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
123
 Page 1 of 3, items 1 to 10 of 26.
21/08/2023 12:11:17Janet HinksBusiness Item Created 
21/08/2023 12:11:17Janet HinksCommittee AddedCabinet
21/08/2023 12:11:17Janet HinksMeeting Added12/12/2023 10:00AM
21/08/2023 12:12:33Janet HinksWard AddedBordesely & Highgate
21/08/2023 12:12:33Janet HinksWard AddedLadywood
21/08/2023 12:12:33Janet HinksWard AddedNechells
21/08/2023 12:12:33Janet HinksWard AddedSoho & Jewellery Quarter
21/08/2023 12:16:53Janet HinksOS Committee AddedEconomy and Skills Overview and Scrutiny Committee
21/08/2023 12:16:53Janet HinksOS Committee AddedFinance and Resources Overview and Scrutiny Committee
21/08/2023 12:17:54Janet HinksContacts Edited 

Approval/Comments

No history found.