Issue - decisions

Margate Town Deal

04/05/2022 - Margate Town Deal: Project Grant to Third Parties

Cabinet agreed the following:

 

1.  To approve the payment of Grants to third parties to deliver the agreed Department of Levelling Up Housing and Communities funded projects. These grant payments are:

 

·  £6,000,000 capital grant to the Margate Creative Land Trust to deliver the outcomes identified in the Margate Town Investment Plan;

·  Up to £900,000 revenue funding for Participation and Engagement as part of the Scaling Margate's Creative and Production Intervention, and delivery of the Creative Land Trust;

·  £500,000 capital grant to GRASS for the Oval Bandstand and Gardens project;

 

2.  That each grant agreement is signed as a Deed, by the Director of Law and Democracy and Director of Finance and S151 Officer, and is witnessed by a Member of the Council.