Issue - meetings

Report of the Leader (appendix 2 to follow awaiting outcome of panel meeting on 7 October 2011)

RESOLVED that

the list of projects to be funded from the Promoting Cheltenham Fund as set out in appendix 2 – “List of projects and recommendations” be approved.

The Leader of the Council explained that Cabinet agreed to create the Promoting Cheltenham Fund to support events, projects and initiatives that would stimulate economic and business growth in Cheltenham. 19 bids had been received and he thanked the Panel which had assessed the phase 1 applications.

It had been suggested that the funding should be made sustainable by generating income from those who had been awarded the funding and this point would be taken on board.

Cabinet welcomed the model which had been used for the grant assessment panel and welcomed the worthy projects which had been awarded the funding.

RESOLVED that

the list of projects to be funded from the Promoting Cheltenham Fund as set out in appendix 2 – “List of projects and recommendations” be approved.