Decision details

In approving the £9.4m Regional Recovery Fund on 9 October 2020, the WECA Committee agreed officer delegations to ensure that decisions on business cases / detailed specific proposals for the agreed schemes can be progressed at pace.

One of the proposals was the High Street renewal catalyst fund.

A Feasibility and Development Funding Application was prepared seeking agreement to proceed
with Phase 1 Feasibility and Development and release of £400,000. Agreement was also sought
for the delegation of the release of the remaining £410,000 to the WECA Director of Business and
Skills, in consultation with Unitary Authority Business & Skills Directors, subject to confirmation of
the deliverable outcomes.

Phase 1 activity will include project set up, establishing resources for 2 years of project delivery, initial delivery of pilot interventions, and developing the business case for further investment.
Phase 2 activity will build on Phase 1 to deliver interventions based on evidenced business cases.

The Chief Executives of the 4 West of England unitary authorities were consulted on this proposal and were in agreement with the decision.

Approval given to the Feasibility and Development funding application for the High Street renewal
catalyst fund and the release of £400,000. Approval also given to delegate the release of the
remaining £410,000 to the WECA Director of Business and Skills, in consultation with Unitary
Authority Business & Skills Directors, subject to confirmation of the deliverable outcomes.

Not applicable in relation to this specific decision, i.e. this was the option considered.