Decision details
Regional Recovery & Adaptation Fund
Decision Maker: West of England Combined Authority Committee
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To approve an additional allocation of £5m.
Decision:
The Combined Authority Committee RESOLVED to allocate a further £5m to the Regional Recovery and Adaptions Fund and delegate the approval of business cases to the Combined Authority Chief Executive in consultation with the Chief Executives of the constituent Councils.
Reasons for the decision:
The Combined Authority Committee of 28th January 2022 agreed to establish the Regional Recovery and Adaptions Fund with an initial £5m allocation committed.
The Fund has been established to help people and businesses tackle the ongoing economic impact of the pandemic
Alternative options considered:
No additional allocation – rejected – an allocation of £5m is not enough to make tangible progress on the four investment packages.
Report author: Stephen Bashford
Publication date: 09/04/2022
Date of decision: 08/04/2022
Decided at meeting: 08/04/2022 - West of England Combined Authority Committee
Effective from: 20/04/2022
Accompanying Documents: