Agenda item

LGF Investment Approvals

Decision:

RESOLVED, that the Mayoral Combined Authority:

1. Progression of Waverley Local Centre to full approval and award of up to £7m grant to Waverley Square ltd subject to the conditions set out in the Appraisal Panel Summary Table

2. Progression of Specialist VFX Training Equipment to full approval and award of up to £0.91m grant to DN College Group subject to the conditions set out in the Appraisal Panel Summary Table

3. Progression of Falstaff Phase 3 to full approval and award of up to £1.52m grant to Sheffield Housing Company subject to the conditions set out in the Appraisal Panel Summary Table

4. Progression of UK Atomic energy project to full approval and award of up to £2.2m grant to UK Atomic Energy Authority subject to the conditions set out in the Appraisal Panel Summary Table.

5. Progression of Company Ref. 0067 to full approval and award of up to £0.124m grant to Company Ref. 0067 subject to the conditions set out in the Appraisal Panel Summary Table

6. Progression of Company Ref. 0095 to full approval and award of up to £0.05m grant to Company Ref. 0095 subject to the conditions set out in the Appraisal Panel Summary Table

7. Progression of Company 0096 to full approval and award of up to £0.249m grant to Company 0096 subject to the conditions set out in the Appraisal Panel Summary Table

8. Delegates Authority to the Head of Paid of Service, in conjunction with the Section 73 and the Monitoring Officer, to enter into the contractual arrangements required as a result of the above approvals.

Minutes:

A report was received requesting the approval for seven schemes with a total value over all years of £12.05m and seeking delegated authority be given to the Head of Paid Service in consultation with the S73 and Monitoring Officer to enter into legal agreements for the schemes.