On 23 April 2024, Cabinet:-
(i)
Approved the increased devolved UKSPF allocation
of £1.97m which now increases the total programme to £26.9m as set out in the
revised UKSPF Funding Agreements with the West Midlands Combined Authority
(WMCA). This is a result of the formal confirmation of the Net Zero grants
allocation and the increase in SME grants under the Supporting Local Businesses
pillar;
(ii)
Noted the revised governance regarding the
delegated Section 151 approval process, as set out in paragraph 3.6 of the
report, where all related reports must seek delegated S151 approval from the
Strategic Director for Place, Prosperity, and Sustainability;
(iii)
Noted the progress of programme implementation,
including the challenges of the delayed timeframes as set out in paragraph 3.7
of the report;
(iv)
Noted the projects supported by UKSPF as
presented in Appendix 1 and key outputs expected to be delivered as set out in
Appendix 2. See paragraphs. 3.8 – 3.11 of the report for further details;
(v)
Noted the TUPE transfer of the Birmingham and
Solihull Business Growth Hub staff, previously employed by the Birmingham and
Solihull Local Enterprise Partnership’s (GBSLEP) Business Growth Hub, from 1
December 2023 as set out in paragraph 7.5.2 of the report;
(vi)
Noted the income earmarked as UKSPF management
and administration costs available to support salaries and indirect costs to
the City Council. This is summarised in paragraph 7.5.3 of the report;
(vii)
Noted the opportunity for the West Midlands
devolution deal/Single Settlement to provide post-UKSPF financial support to
sustain and progress vital programmes delivered by the City Council to
citizens, communities, and businesses. See paragraph 3.12 of the report;
(viii) Authorised
the City Solicitor (or their delegate) to negotiate and complete all necessary
documentation to give effect to recommendations in paragraph 2.1- 2.7 of the
report.
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DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 29 APRIL 2024.