Issue details

Progression of IZ004 SY JESSICA – Investment Zone to full approval and award of £3m to Sheffield City Region Urban Development Fund

On 28th January 2025 the MCA Board delegated authority to the Head of Paid Service in consultation with Mayor Oliver Coppard - in his position as the Portfolio Lead for Economic Growth for progression of SY JESSICA – Investment Zone to OBC in-principle approval for £3m grant to Sheffield City Region Urban Development Fund (Limited Partnership).

The SYMCA Framework, approved by the MCA Board, allows for schemes that secure OBC in principle approval from MCA, to have a FBC approved by the SYMCA Programme Board, subject to certain conditions.

In April 2025 the SYMCA Programme Board approved the scheme.

Decision type: Key

Reason Key: Both;

Decision status: Recommendations Approved

Notice of proposed decision first published: 11/04/2025

Decision due: 11 Apr 2025 by Section 73 Officer

Contact: Gareth Sutton, Executive Director of Resources & Investment Email: Gareth.Sutton@southyorkshire-ca.gov.uk Email: Gareth.Sutton@southyorkshire-ca.gov.uk.

Decisions

Background papers