Issue - meetings

Report of the Leader

Resolved that

1. £96,350 from the Promoting Cheltenham Fund be allocated to those projects identified as “green” in appendix 2 – “List of projects and recommendations.”
2. The Leader of the Council allocate the remaining funds to those projects identified as “amber” in appendix 2 – “List of projects and recommendations”, subject to seeking recommendations from the assessment panel.

The Leader of the Council introduced the report and thanked the grant assessment panel which had discussed the bids in detail. He explained that this was the second year of the scheme and due to overwhelming interest this was now a one stage process. He emphasised that not all projects approved under the scheme would be fully funded but a contribution would be made to ensure the project could still go ahead. The panel felt that where a project was bidding for the second year in a row, this should contain new elements in order to attract funding and to make the project more sustainable in the longer term.

The Leader referred to Appendix 2 of the report which detailed the Panel’s Red, Amber or Green assessment. He made reference to the bid by Cheltenham Festivals (CF) and informed Members that discussions would take place with CF in due course to ensure there was no overlap with what was already being undertaken.

Members praised the work of the panel and hoped that those projects which had been awarded funding would deliver good value in promoting the economy of the town. They also highlighted two specific bids which had been received and redirected to the Environmental Improvement Fund.

Resolved that

1. £96,350 from the Promoting Cheltenham Fund be allocated to those projects identified as “green” in appendix 2 – “List of projects and recommendations.”
2. The Leader of the Council allocate the remaining funds to those projects identified as “amber” in appendix 2 – “List of projects and recommendations”, subject to seeking recommendations from the assessment panel.